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{{Infobox company
| name = Redwood Asset Management Inc.
| logo =
| type =
| traded_as =
| industry = Financial Services
| foundation = Toronto, Canada ({{Start date|2002|}})
| location_city = Toronto
| location_country = Canada
| key_people = Jonathan Clapham (CEO), Peter J. Shippen (President & CFO)
| products = Mutual Funds
| revenue =
| aum = 280 million
| assets =
| equity =
| homepage = {{URL|http://www.redwoodasset.com/}}
}}
'''Redwood Asset Management''' Inc. is a privately-owned [[Toronto]]-based investment fund manager that distributes a number of mutual and hedge funds. Redwood is a boutique [[investment]] firm that takes on a sub-advisory model to manage the assets of all of their mutual funds. It invests in public equity and fixed income markets.<ref>{{cite web|title=Capital Markets: Company Overview of Redwood Asset Management Inc.|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=9587352|publisher=Bloomberg Businessweek|accessdate=22 May 2014}}</ref> It currently has 280 million [[assets under management]].
==History==
Redwood was founded 2002, but assumed its present form in 2009 with the merger of two Canadian [[mutual fund]] companies Ark Funds and Redwood. There were no changes made to the firms' funds or sub-advisors which included : Aston Hill Financial, Lawrence Decter Investment Counsel, SciVest Capital Management, NorthRoad Capital Management and Sentry Select Capital.<ref>{{cite news|title=Redwood Asset Management, Ark Funds to Merge|url=http://www.marketwired.com/press-release/redwood-asset-management-ark-funds-to-merge-1041450.htm|accessdate=21 May 2014|newspaper=Market Wired|date=8 September 2009}}</ref> As of 2010, Redwood teamed with [[CIBC Mellon]] Global Securities Services Company who provides asset services for a number of the company's funds.<ref>{{cite web|title=Redwood Asset Management chooses CIBC Mellon to deliver asset servicing support|url=https://www.cibcmellon.com/Contents/en_CA/English/NewsRoom/BulletinsReleases/2010/PR20100422.html|publisher=CIBC Mellon|accessdate=22 May 2014}}</ref> In 2013, Redwood was released from the responsibility of the Clearpoint Global Dividend Fund, the management of this fund was transferred from Redwood to Caldwell Investment Management.<ref>{{cite web|title=IN THE MATTER OF REDWOOD ASSET MANAGEMENT INC. AND CALDWELL INVESTMENT MANAGEMENT LTD AND REDWOOD GLOBAL HIGH DIVIDEND FUND|url=http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130725_216_redwood-asset.htm|publisher=Ontario Securities Commission|accessdate=22 May 2014}}</ref>
==Mutual funds==
Redwood Asset Management currently has five income funds, three octane funds and one advisor managed fund. The most prominent funds in the fund family are the '''Redwood Emerging Markets Dividend Fund'''<ref>{{cite web|title=Fund Quote: Redwood Emerging Mkts Div In A|url=http://www.theglobeandmail.com/globe-investor/funds-and-etfs/funds/summary/?id=83006|publisher=Globe & Mail|accessdate=22 May 2014}}</ref>, the '''Redwood Unconstrained Bond Class'''<ref>{{cite web|title=Fund Quote: Redwood Unconstrained Bond A|url=http://www.theglobeandmail.com/globe-investor/funds-and-etfs/funds/summary/?id=97103|publisher=Globe & Mail|accessdate=22 May 2014}}</ref> and the '''Redwood Equity Growth Class'''<ref>{{cite web|title=Fund Quote: Redwood Equity Growth Cl A|url=http://www.theglobeandmail.com/globe-investor/funds-and-etfs/funds/summary/?id=74245|publisher=Globe & Mail|accessdate=22 May 2014}}</ref>. The '''Redwood Emerging Markets Dividend Fund''', launched in 2010 is said to be the first Canadian fund aimed at emerging market dividends<ref>{{cite web|title=Redwood Announces Launch of Emerging Markets Dividend Income Fund|url=http://www.marketwired.com/press-release/redwood-announces-launch-of-emerging-markets-dividend-income-fund-1351185.htm|publisher=Market Wired|accessdate=22 May 2014}}</ref>.
==Managers==
Redwood works with a variety of investment management firms includes LDIC Inc., Reams Asset Management Co. LLC, Somerset Capital Management LLP, and StoneCastle Investment Management Inc. that handle their various funds.<ref>{{cite web|title=Quality Managers|url=http://www.redwoodasset.com/quality_managers.html|publisher=Redwood Asset Management Inc.|accessdate=21 May 2014}}</ref>
==See also==
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*[[List of mutual fund companies in Canada]]
{{Col-end}}
==References==
{{Reflist}}
==External links==
* [http://www.redwoodasset.com/ Official website]
* [http://www.ldic.ca/ LDIC Inc. ]
* [http://stonecastlefunds.ca/ StoneCastle Investment Management Inc.]
* [http://www.reamsasset.com/ Reams Asset Management Co. LLP]
* [http://somersetcm.com/ Somerset Capital Management LLP]