About Us Who we are and what we do Established in 1952, Portfolio Management Association of Canada (PMAC) is a forum for Investment Management Firms to share best practices and industry knowledge. PMAC was formerly known as the Investment Counsel Association of Canada (ICAC). The new name Portfolio Management Association of Canada was launched in 2010 to reflect growth, national membership and diversity of its membership managing private client, pension, foundations and other institutional client portfolios. Over the years, the Association has evolved to be an active voice in Ottawa and with provincial securities commissions on issues that impact investors and their investment managers. PMAC members manage investment portfolios for private individuals , foundations, universities and pension plans. PMAC currently represents over 180 investment management firms that manage total assets in excess of $800 billion on behalf of millions of high net worth and institutional investors. What we do PMAC's mission is to advocate the highest standards of unbiased portfolio management in the interest of investors served by members. more... See more text