Research Driven Investing

Veritas Asset Management was founded on the belief that
superior research leads to better investment decisions. 

Our approach to investing begins with more than 20 years of fundamental research experience. Veritas Asset Management was founded to capitalize on the successful fundamental research of our affiliate Veritas Investment Research (‘VIR’).  Throughout VIR’s 20+ years of producing independent research, it has proven that detailed, high-quality fundamental research produces better investment decisions.  Our goal is to provide our investors with consistent risk-adjusted returns that beat investment benchmarks over the short and long term.

Our portfolios offer concentrated, high conviction positions in companies identified through our research and due diligence work, applying a disciplined and systematic selection process.  Through our research, we identify opportunities to profit from mispriced securities, either by buying top-quality companies for long-term capital appreciation or through long-short hedging strategies.  While our portfolios are primarily focused on Canadian equities, our portfolio managers also consider opportunities beyond Canada.

We're Hiring!

Do you have a passion for the markets? We have an opening for an Equity Analyst.
We're looking for someone who has creative problem-solving skills, can think systematically, and has some software programming skills (Python preferred).

Job Description      Apply Now

Market Commentary - December

The After Math

What do you get when you add rate hikes and central bank tapering to record equity inflows, stretched valuations and rampant inflation? Is there any answer to this question that isn’t a headwind for equity markets?

In this month’s commentary, we consider our holy grail of investment strategies for 2022: a risk-off positioning that still produces attractive returns.… 

Read More

News and Insights

December 17, 2021
Bearish on the overvaluation of renewable energy companies
The Globe & Mail 

This article featured long/short ideas of Veritas Asset Management, noting our funds have been bearish on the overvaluation of renewable energy companies (such as TransAlta Renewables Inc.) relative to energy companies pivoting from fossil fuels to renewable energy (such as TransAlta Corp.).

“Coal, oil and gas producers are out of favour with investors that have embraced the ESG movement,” said Sam LaBell, an Advising Representative and Director at Veritas Asset Management. “Yet, many are transitioning to renewables and have strong cash flows; moreover, wind, solar and other renewable energy companies have production risks because the wind doesn’t always blow and the sun doesn’t always shine.”

Read The Full Article