Ativo Capital

Our Story

Ativo’s 40-Year Legacy

Ativo began managing equity portfolios in 2001. However, our origins date back to 1971 with the formation of Callard, Madden & Associates(CMA), our predecessor firm.

Ricardo Bekin, our Chief Investment Officer, was a senior member of the CMA team. Driven by his competitive spirit, he decided to take the firm’s work a step further by using Discounted Cash Flow Return on Investment and other proprietary research to manage equity portfolios. Ativo Capital Management was created for this purpose, born out of sound financial theory and valuation techniques that have been proven over time.

Firm Overview

Ativo Capital Management is an investment advisor focused on delivering top quartile performance and exceptional service to institutional clients. We follow a rules-based process that combines quantitative methodologies with a fundamental overlay to build long-only equity portfolios. We invest globally, with an emphasis on international markets. Central to our approach is a proprietary model that scores stocks based on our assessment of their intrinsic value, price momentum and other important factors.

A History of Success

Ativo’s international investment strategies generally have very competitive track records and strong since inception returns. Testament to their success, our firm has experienced steady growth throughout the years. The challenging 2008 market had no effect on our financial viability, and we rebounded quickly from the downturn with substantial gains in assets under management in 2009. While aspiring to grow, we carefully manage our growth. By doing so, we have preserved the integrity of our investment approach and the high level of service we provide clients and consultants.