Mackenzie Multi-Asset Strategies Team

Nelson Arruda, Senior Vice-President, is a Portfolio Manager and Co-Lead of the Mackenzie Multi-Asset Strategies Team.

Nelson has experience in investment research and portfolio management of multi-asset strategies, including equities, foreign exchange, sovereign debt and commodities. Prior to joining Mackenzie in 2017, Nelson spent seven years at the Canada Pension Plan Investment Board where he performed various roles, including head portfolio manager of the active commodities portfolio, covering energy, agriculture and metals.

Nelson has Bachelor of Science and Master of Science degrees in computer science from the University of Toronto and also graduated from the Rotman School of Business with a Master of Finance. He is a CFA charterholder.

Todd Mattina, Senior Vice-President, is Co-Lead of the Mackenzie Multi-Asset Strategies Team and Chief Economist at Mackenzie Investments. 

Todd supports multi-asset and currency solutions by building proprietary investment models and assessing the investment implications of expected macroeconomic conditions. After serving as Mackenzie’s Chief Strategist and Economist from 2014 to 2018, Todd joined the Investment Management Corporation of Ontario, where he served as VP, Portfolio Construction, Chief Strategist and Chief Economist, leading the teams responsible for asset allocation and economic analysis. Todd also worked at the International Monetary Fund, where he focused on macro-fiscal policy, and at the Canada Pension Plan Investment Board, where he was a Portfolio Manager (emerging market currencies). Todd currently serves as Vice-Chair of the Investment Committee and Pension Committee of Queen’s University.

Todd holds a PhD in Economics (International Macroeconomics & Finance) from Queen’s University and an MA in Economics from the University of British Columbia.

Andrea Hallett, Vice President, Investment Management, is a Portfolio Manager on the Mackenzie Multi-Asset Strategies Team and is co-manager for Mackenzie Investments' multi-managed funds and strategic asset allocation programs.

Andrea’s career in the investment industry began in 1998. She has been with Mackenzie Investments since 2002. Prior to joining Mackenzie Investments, Andrea held several roles with increasing responsibilities within the investment department at a large Canadian mutual fund company. At that company, her responsibilities included overseeing external portfolio managers, as well as managing a strategic asset allocation program.

Andrea has an honours degree in Commerce from McMaster University. She is also a CFA charterholder.

Paul Taylor, Vice President, Investment Management, joined the Mackenzie Multi-Asset Strategies Team in October 2019 and is a Portfolio Manager and a member of Mackenzie’s Global Investment Committee.

Paul has significant investment experience in the areas of multi-asset allocation, Canadian equity management, and manager evaluation, selection and oversight. Prior to joining Mackenzie, he worked for 14 years at a major Canadian bank as Chief Investment Officer, where his responsibilities included making tactical asset allocation decisions across institutional, high net worth and retail lines of businesses and leading large teams of investment professionals, which included equity, bond and asset allocation managers. 

Paul earned an MBA at the Smith School of Business at Queen’s University and holds a BA (Economics) from the University of Western Ontario. He is also a CFA charterholder.

Matthew Cardillo, Vice President, Portfolio Manager, Investment Management is part of the Investment Team at Mackenzie Investments. Matthew manages investment products for the Mackenzie Multi-Asset Strategies Team, conducts investment research, and oversees equity risk management.

Matthew joined Mackenzie Investments in 2012. From 2006 to 2012, Matthew was a Senior Portfolio Manager at State Street Global Advisors (SSgA), where he managed 2.5 billion USD in long-only and short-extension (130/30) strategies in the U.S., Canadian, and global markets. In addition to managing institutional client portfolios, Matthew also developed new investment products for SSgA. Prior to SSgA, from 2000 to 2005, Matthew worked as an Associate Economist for the Federal Reserve System of the United States, analyzing issues affecting the U.S. macroeconomy and conducting monetary-policy research.

Matthew holds a M.Sc. in Engineering from Johns Hopkins University, as well as a dual bachelor’s, in economics and mathematics, from the University of Colorado at Boulder. He is also a CFA charterholder.

Larry Llaguno, Assistant Vice President, is a Portfolio Manager on the Mackenzie Multi-Asset Strategies Team. Larry manages investment products for the Multi-Asset Strategies team, conducts investment research, and oversees equity risk management.

Larry joined Mackenzie Investments in 2017. From 2011 to 2017, he was an Associate Portfolio Manager/Senior Associate of Global Tactical Asset Allocation team in CPP Investment Board. From 2010 to 2011, Larry was an Investment Analyst in Strategy and Economics in Ontario Teachers’ Pension Plan. Prior to that, Larry spent two years as an Associate in the Risk Management Development Program at one of the major Canadian banks.

Larry holds BSc (Hons) in Economic, Mathematics & Computer Science and MSc in Statistics from the University of Toronto; MA in Economics from Dalhousie University; MBA and Graduate Diploma in Financial Engineering from the Schulich School of Business at York University. He is also a CFA and CAIA charterholder.

Michael Kapler is a Portfolio Manager on the Mackenzie Multi-Asset Strategies Team. He manages factor-based equity pools for the Multi-Asset Strategies Team.

Michael joined Mackenzie in 2016. Previously, he spent 10 years involved in quant equity portfolio construction at various hedge funds and financial institutions. His investment experience includes equity factor investing, alternative strategies, asset allocation and risk management.

Michael has a Bachelor of Science (Economics and Computer Science) degree and a Master's of Mathematical Finance from the University of Toronto. He is also a CFA charterholder.