Pat Chiefalo of Canada Blackrock is part of this year's Wealth Professional Canada's Hot List.
Head of iShares Canada
Canada’s ETF market has experienced major change in recent years, but one thing remains constant – BlackRock’s position at the top of the pile. Despite the host of different providers offering exchange-traded products in 2018, BlackRock still has five of the top 10 Canadian ETFs in terms of assets. Overseeing those assets is Pat Chiefalo, head of iShares Canada, who recently oversaw a collaboration with Dynamic Funds to add another ETF (the Dynamic iShares Active Investment Grade Floating Rate ETF) to BlackRock’s extensive Canadian suite. “We’re seeing significant uptake in actively managed ETFs, particularly for fixed income,” Chiefalo said at the time. “We’re excited to expand our successful partnership with Dynamic Funds to launch an innovative and timely solution for Canadian investors.”