Patrick Racicot

Financial Analyst at CN Investment Division

Patrick Racicot

Patrick Racicot

Financial Analyst at CN Investment Division

Overview
RelSci Relationships

232

Relationships
RelSci Relationships are individuals Patrick Racicot likely has professional access to. A relationship does not necessarily indicate a personal connection.

General Manager at CN Investment Division

Relationship likelihood: Strong

Portfolio Manager-Infrastructure Investments at CN Investment Division

Relationship likelihood: Strong

Portfolio Manager at CN Investment Division

Relationship likelihood: Strong

Portfolio Manager at CN Investment Division

Relationship likelihood: Strong

Chief Executive Officer-Cn Investment Division at CN Pension Plan

Relationship likelihood: Strong

Manager, Oil & Gas Investments at CN Investment Division

Relationship likelihood: Average

Manager-Absolute Return at CN Investment Division

Relationship likelihood: Average

Financial Analyst at CN Investment Division

Relationship likelihood: Average

Investment Officer at CN Investment Division

Relationship likelihood: Average

Investment Officer at CN Investment Division

Relationship likelihood: Average

Paths to Patrick Racicot
Potential Connections via
Relationship Science
You
Patrick Racicot
Financial Analyst at CN Investment Division
Education

Concordia University (commonly referred to as Concordia) is a public comprehensive university located in Montreal, Quebec, Canada. Founded in 1974 following the merger of Loyola College and Sir George Williams University, Concordia is one of the three universities in Quebec where English is the primary language of instruction.

McGill University is a public research university located in Montreal, Quebec, Canada. Founded in 1821 during the British colonial era, the university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland and alumnus of Glasgow University, whose bequest formed the beginning of the university.

Career History
Financial Analyst
Current

CN Investment Division invests the assets of the Canadian Railway Co. in a variety of asset classes including: (1) cash and short-term investments (2) bonds (3) equities (4) real estate and (5) oil & gas assets. On an annual basis, the CN Board of Directors reviews and confirms or amends the Statement of Investment Policies and Procedures (SIPP) which includes the plans long-term asset class mix and related benchmark indices. This Policy is based on a long-term forward-looking view of the world economy, the dynamics of the plans benefit liabilities, the market return expectations of each asset class and the current state of the financial markets.Also on an annual basis, CN Investment Division develops a short-term asset mix target for the upcoming year. The asset mix may differ from the SIPP due to current economic and market conditions and expectations. The CN Investment Committee of the Board regularly compares the actual asset mix to the SIPP and CN Investment Division's asset mix target and evaluates the actual performance of the trust funds relative to the performance of the SIPP. This is calculated using the SIPP asset mix and the performance of the benchmark indices. The Board's approval is required for all major investments in illiquid securities. The SIPP allows for the use of derivative financial instruments to implement strategies or to hedge or adjust existing or anticipated exposures. The SIPP prohibits investments in securities of the Canadian National Railway Co. or their subsidiaries.All major investments in illiquid securities must be approved by the CN Investment Committee. The use of derivative financial instruments to implement strategies or to hedge or adjust existing or anticipated exposures is allowed by the SIPP. Investments in the securities of the Canadian Railway Co. or its subsidiaries are prohibited.In general, CN Investment Division typically allocates the assets as follows: approximately 50% to 55% to equities, approximately 38% to 40% to bonds, approximately 3% to 5% to real estate, approximately 2% to 5% to oil and gas assets and approximately 1% to 5% to cash.Annually, the CN Investment Division, a division of the Company created to invest and administer the assets of the plans, proposes a short-term asset mix target (Strategy) for the coming year, which is expected to differ from the Policy, because of current economic and market conditions and expectations. The Committees approval is required for all major investments in illiquid securities. The SIPP allows for the use of derivative financial instruments to implement strategies or to hedge or adjust existing or anticipated exposures. The SIPP prohibits investments in securities of the Company or its subsidiaries.

Associate
2012 - 2015

Dundee Securities Corp. is a broker/dealer located in Toronto with additional offices in Montreal and Calgary. The firm is a subsidiary of Dundee Wealth Management, Inc. (TSE: DW). Dundee Securities is a full service investment dealer engaged in wealth management and financial advisory services, retail brokerage, institutional sales and trading, equity research and investment banking. The firm operates a sell-side institutional sales and trading floor. Dundee Securities is a member of the Investment Dealers Association of Canada and the CIPF.

District Sales Associate
Prior

FMR LLC (Fidelity Management and Research) or Fidelity Investments is an American multinational financial services corporation. It is one of the largest mutual fund and financial services groups in the world. Founded in 1946, the company has since served North American investors. Fidelity Ventures is its venture capital arm. Fidelity International Limited (FIL), was an international affiliate founded in 1969, serving most countries in the rest of the world. In September 2011, FIL was rebranded as 'Fidelity Worldwide Investment'. Fidelity Investments manages a large family of mutual funds provides fund distribution and investment advice services, as well as providing discount brokerage services, retirement services, wealth management, securities execution and clearance, life insurance and a number of other services.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Patrick Racicot. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Patrick Racicot's profile does not indicate a business or promotional relationship of any kind between RelSci and Patrick Racicot.