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.

Francis Peter Cundill
Born(1938-10-00)October , 1938
Montreal, Quebec, Canada
DiedJanuary 24, 2011(2011-01-24) (aged 72)
London
Academic career
FieldFinance
Investment
Alma materMcGill University (1960)
ContributionsThere’s Always Something To Do (2011)
Notes
Biography: Routines and Orgies: The Life of Peter Cundill (15/11/2014)

Biography

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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,[1] an as yet untreatable neurological condition. Cundill died on January 24, 2011, in London.[1]

Investment career

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  • 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.[5]
  • 2009, Cundill retired from daily operational fund management, becoming Chairman Emeritus of Mackenzie Cundill.[6]

Recognition

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  • 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.[2]

Selected publications

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  • There's Always Something to Do: The Peter Cundill Investment Approach, Christopher Risso-Gill, ISBN 978-0-7735-3863-4
  • Routines and Orgies: The Life of Peter Cundill, Financial Genius, Philosopher, and Philanthropist, Christopher Risso-Gill, Publishing Date November 2014, ISBN 9780773544727

References

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