FNB Capital Asset Management (FNB Capital) is a Montreal-based boutique investment firm that specializes in managing multi-asset portfolios composed of exchange-traded funds (ETFs), with a long-term focus on maximizing risk-adjusted returns.
FNB Capital’s investment mandates are managed by a two-member team of investment professionals with close to 60 years of combined financial markets experience. Prior to founding FNB Capital, Michel Falk and Ralph Hartmann collaborated closely for nearly 20 years at National Bank of Canada in numerous investment-related endeavours.
Unlike many other investment managers, FNB Capital’s disciplined approach places risk analysis at the very heart of every investment decision. If all of the risks have been properly identified, analysed and managed, FNB Capital believes that the portfolio returns will take care of themselves.