Mackenzie Europe Team

Regular due diligence, strong attention to detail and a disciplined investment approach

Philosophy and process

The Mackenzie Europe Team believes success in fundamental investing is achieved by identifying undervalued, under-appreciated companies with high and/or improving returns on invested capital and a sustainable competitive advantage. Our primary skill is in identifying companies that combine credible management, solid business strategy and strong governance.    

Portfolio Managers

Martin Fahey, MBS, CFA

Senior Vice President, Portfolio Manager, Head of Team
Mackenzie Europe Team

Martin Fahey, Senior Vice President, Investment Management, is the lead Portfolio Manager and Head of the Mackenzie Europe Team.

Martin joined the firm in 1993 as an Investment Analyst with IG Wealth Management and became a Portfolio Manager in 1995. He is well-regarded for his deep and broad ability to analyze both European and international small- and mid-cap companies. Prior to joining the firm, Martin was an analyst at two U.K. firms between 1989 and 1993.

Martin holds Bachelor of Commerce and Master of Business Studies (Honours) degrees from the National University of Ireland at Galway, Ireland. He is also a CFA charterholder.

Kalle Huhdanmäki

Vice President, Portfolio Manager
Mackenzie Europe Team

Kalle Huhdanmäki, Vice President, Investment Management, is a Portfolio Manager on the Mackenzie Europe Team for the Mackenzie Global Small-Mid Cap Fund, with focus on European small- and mid-cap equities.

Kalle joined the firm in 2019 as a Portfolio Manager and brings over 20 years of investment experience. Previously he was Portfolio Manager of European small- and mid-cap funds at a Copenhagen-based asset manager from 2012 to 2019. He worked at other European asset manager and equity research firms from 1998 to 2012 in increasingly senior roles, including Portfolio Manager.

Kalle holds a Master of Science degree (Economics) from the University of Copenhagen.

Seamus Kelly

Vice President, Portfolio Manager
Mackenzie Europe Team

Seamus Kelly, Vice President, Investment Management, is a Portfolio Manager on the Mackenzie Europe Team.

Seamus joined the firm in 2014. He has more than 20 years of investment management experience in global equities, European equities and multi-asset portfolios. Prior to joining Mackenzie, Seamus worked at two other European asset managers from 1998 to 2008 in various investment management roles, including Senior Portfolio Manager.

Seamus has a Bachelor of Business Studies, Economics & Finance degree from the University of Limerick, a Master of Science degree in Investment and Treasury from Dublin City University and a Diploma in Technical Analysis from the U.K. Society of Technical Analysts.

John Mullane, CFA

Assistant Vice President, Portfolio Manager
Mackenzie Europe Team

John Mullane is an Assistant Vice President, Portfolio Manager on the Mackenzie Europe Team for the Mackenzie Global Small-Mid Cap Fund.

He joined the firm’s Dublin-based office in 2016 as a Senior Investment Analyst for small- and mid-cap European stocks and was promoted to Assistant Vice President, Portfolio Manager in 2021. Before joining Mackenzie, John worked for two Investment Banks in London and Dublin as a small-mid-cap Senior Investment Analyst between 2011-2016.

John has a BA degree (Economics Major) from the University of Limerick, where he was awarded the Presidents Silver Medal Award on graduation. He is a Fellow of the Institute of Chartered Accountants and Associate of the Chartered Institute for Securities & Investments.



The Mackenzie Europe Team: Our approach towards responsible investing

The team approaches the integration of Environmental, Social and Governance (ESG) in its bottom-up analysis and thematic research in order to avoid unfavorable investments and simultaneously generate attractive investment ideas.


Opportunities abound in European SMID

Active management has a strong track record of outperformance among European small and mid-caps, something which we believe will continue in an increasingly fertile investment landscape.


2020 Stewardship Report

Focusing on the stewardship activities of Mackenzie Europe and its wholly owned subsidiary Mackenzie Investments Asia Limited.


Why you need global small and mid caps in your portfolio

Canadian investors often feel more comfortable investing in large, stable and established Canadian companies. However, this can have a negative impact on your portfolio’s return potential and bring a lack of diversification.

The Mackenzie Europe team manages the European equity investment sleeve of the Global Small-Mid Cap Fund    

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

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