David Newman joined Letko, Brosseau & Associates in 2023 as Regional Head, Central Canada. Leading the team in Ontario and Manitoba, David is responsible for driving growth, talent management, and client services. LetkoBrosseau is a value-based investment manager with ~$16 billion in assets under management. The firm has outperformed the markets over 35 years, generating $13.2 billion in additional value over and above the relative benchmarks. LetkoBrosseau’s investment process is rooted in knowledge and deep research. The firm manages portfolios across a number of strategies, including Canada, Global, EAFE, Emerging Markets and Infrastructure, on behalf of institutional and private clients, including family offices.
Prior to joining Letko Brosseau, David was Managing Director, Institutional Sales at Desjardins Capital Markets. Known for his strong work ethic, great integrity, and infectious personality, Mr. Newman has over 25 years of capital markets experience in equity research, portfolio management and institutional sales. David was previously voted a top ranked equity research analyst, according to institutional investor surveys (>10x Brendan Wood TopGun analyst), acknowledged for his deep dives and rigorous analysis across a broad range of industries. Moreover, he was voted a top stock picker in Canada, according to Starmine, based on a reputation for making timely, astute stock calls, based on intrinsic value.
David Newman graduated from the University of Toronto with a Bachelor of Commerce degree and is a CPA. He is also a Chartered Financial Analyst (CFA®) and holds a Certified Investment Manager (CIM®) designation.