Rudy Mezzetta Canadian asset managers are targeting boutique firms with environmental, social and governance (ESG) expertise to meet growing investor demand for responsible investing products. In December, Toronto-based Mackenzie Financial Corp. acquired Greenchip Financial Corp., a 14-year-old investment firm that focused exclusively on the environmental economy. Greenchip has been subadvisor for the Mackenzie Global Environmental Equity Fund since 2018 and manages the equities portion of an environmentally focused global balanced fund Mackenzie launched in April. “[Greenchip] brought a certain style and value orientation to environmental investing that we didn’t have across our organization,” said Fate Saghir, head of sustainable, responsible and impact investing with Mackenzie Investments in Toronto. She added that Greenchip has a “capability and a conviction [to environmental investing] that we wanted to bring in-house.”