Why this $6.5-billion money manager sold Accenture to buy Nvidia and Microsoft

Why this .5-billion money manager sold Accenture to buy Nvidia and Microsoft

By Brenda Bouw
Publication Date: 2026-04-10 08:45:00

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Daneshvar Rohinton, vice-president and portfolio manager at iA Global Asset Management Inc. in Toronto. Illustration by Joel Kimmel.The Globe and Mail

Money manager Daneshvar Rohinton has been looking beyond global events rocking stock markets and seeking opportunities to buy some of his favourite stocks at lower prices.

“A lot of quality companies are on sale, something we haven’t seen for a while,” says Mr. Rohinton, vice-president and portfolio manager at iA Global Asset Management Inc. in Toronto, who oversees about $6.5-billion in assets.

His portfolio is geared toward global dividend-paying stocks across sectors such as technology, financials and industrials. The focus on dividend-payers is based on the belief that these companies are more disciplined and thoughtful in their capital allocation.

“When you have 20 or 30 per cent of your paycheque going out every single quarter to your shareholders as an ongoing commitment, it tends to stop you from doing crazy, silly things,” Mr. Rohinton says. “So, we think of it as a good behavioural tool that also gives you some income along the way.”

His IA Clarington Canadian Dividend Fund, Series F, has returned 33.5 per cent over the past year. Its three-year annualized return is 16.8 per cent and its five-year annualized return is 12.6 per cent.

His IA Clarington Global Dividend Fund, Series F, has returned 19.4 per cent over the past year and 12.9 per cent since inception in February,…