Peter Cundill Explained
| Francis Peter Cundill |
| Birth Date: | October 1938 |
| Birth Place: | Montreal, Quebec, Canada |
| Death Place: | London |
| Field: | Finance
Investment |
| Alma Mater: | McGill University (1960) |
| Contributions: | There’s Always Something To Do (2011) |
| Notes: | Biography: Routines and Orgies: The Life of Peter Cundill (15/11/2014) |
Francis Peter Cundill (October 1938 – January 24, 2011) was a Canadian value investor. He was most noted for his flagship investment fund, Cundill Value Fund. Cundill was a follower of the Benjamin Graham investment style.
Biography
Peter Cundill was born in Montreal, Quebec in October 1938,[1] and was educated at Lower Canada College. He completed a Bachelor of Commerce degree from McGill University in 1960. He then qualified as a Chartered Accountant (1963) and a Chartered Financial Analyst Charter Holder (1968),[2] which lead to a career in the investment management business. Cundill worked at Greenshields Inc. in Montreal and the Yorkshire Group in Vancouver[3] In 2006 Cundill was diagnosed with Fragile X Tremor/Ataxia Syndrome, an as yet untreatable neurological condition. Cundill died on January 24, 2011, in London.
Investment career
- 1974, Cundill started Peter Cundill & Associates Ltd. and Cundill Value Fund was founded.[4]
- 1998, Mackenzie Investments acquired Cundill Funds Inc.[5]
- 2006, Cundill sold the remaining 5% of his firm to Mackenzie.
- 2009, Cundill retired from daily operational fund management, becoming Chairman Emeritus of Mackenzie Cundill.[6]
Recognition
- In 2001, Cundill was presented the Canadian Investment Awards Analysts' Choice Career Achievement award[7] in recognition of proven superior performance and his lifetime contribution to the financial community.
- In 2003, Cundill was presented the Fund Manager of the Year award.[8]
- In 2004, Cundill was honoured with a fellowship by the Institute of Chartered Accountants of British Columbia (ICABC).[9]
- In 2008, Cundill established the Cundill International Prize in History at McGill, which is "awarded annually to an author who has published a book determined to have a profound literary, social and academic impact on the subject".[10]
- Cundill was an Advisory Board Member for the Ben Graham Centre for Value Investing at the Ivey School of Business.
Selected publications
- There's Always Something to Do: The Peter Cundill Investment Approach, Christopher Risso-Gill,
- Routines and Orgies: The Life of Peter Cundill, Financial Genius, Philosopher, and Philanthropist, Christopher Risso-Gill, Publishing Date November 2014,
External links
Notes and References
- https://www.mcgill.ca/cundillprize/peter-cundill About F. Peter Cundill – In Memoriam
- http://www.bengrahaminvesting.ca/About_Us/advisory_board_former.htm Former Advisory Board Members
- http://www.investmentexecutive.com/-/news-56665 People – Global value investor Peter Cundill dies – Article – investmentexecutive.com
- http://www.mackenziefinancial.com/en/pub/media_centre/news/search_details.jsp?file=/mf/english/MFCNews/PublicAdvisor/mfcnews_e_cs_20110128_peter_cundill MACKENZIE NEWS – Peter Cundill, 1938–2011
- http://www.morningstar.ca/globalhome/industry/news.asp?articleid=ArticleID811200610421 Morningstar: Mackenzie investors are among the winners as Peter Cundill cashes in | Fund Watch
- http://www.newswire.ca/en/story/524317/peter-cundill-to-become-chairman-emeritus-with-mackenzie-cundill MACKENZIE FINANCIAL CORPORATION | Peter Cundill to become Chairman Emeritus with Mackenzie Cundill
- http://www.investmentawards.com/awards/winners/2001 2001 | Morningstar Canadian Investment Awards
- http://www.investmentawards.com/sites/default/files/PDFs/News_Centre/Cundill_online-reprint.pdf Cundill named fund manager of the year
- http://www.ica.bc.ca/kb.php3?pageid=2497 ICABC: Chartered Accountants Honoured with Fellowships
- https://www.mcgill.ca/newsroom/news/item/?item_id=100163 McGill newsroom: Largest literary prize in history makes history
