David established MacNicol & Associates Asset Management Inc. in 2001, after an extensive 20-year career in the investment management business, working for Canada Trust, Cassels Blaikie, Connor Clark and Cumberland Asset Management. Although David has experience in all aspects of the investment markets, his areas of expertise include North American equities, offshore and international investing and research, Real Estate, Private Equity, Hedge Funds and similar alternative asset class strategies.
David is registered with the Ontario Securities Commission as a Senior Portfolio Manager with full discretion*. He has an Engineering Degree (Mechanical) from the University of Western Ontario, a Canadian Investment Management Designation and F.C.S.I. He is also a founding Board Member of the Hibiscus Fund for Hope at the Princess Margaret Hospital. In 2005, David helped establish The Yellow Bus Foundation. The objective of The Yellow Bus Foundation is to enrich the lives of children in Canada living with chronic illness and/or serious medical conditions as well as provide enriching opportunities for disadvantaged youth. Annually raising and distributing funds to a select group of registered Canadian charities will achieve these objectives. David has served as a Member of the Professional Conduct Committee for the Institute of Chartered Accountants of Ontario. David is Chairman of the Investment Committee of the Sigma Chi Canadian Foundation.
* Registration with the Ontario Securities Commission should not be construed as an endorsement by securities regulators and does not mean the adviser has achieved a specific level of skill or ability.
1986 – 1991
Canada Permanent Trust Company
1991 – 1992
1992 – 1997
1997 – 2001
Cumberland Asset Management
2001 – Present
MacNicol & Associates Asset Management Inc.