Investor Peter Cundill shook up money management industry
The celebrated investor Peter Cundill has died, but his influence will continue to be felt in his contributions to the financial world, to philanthropy and to the broader community.
The Montreal native died in London, where he had lived for the past two decades, on Jan. 24. He was 72.
There's Always Something to Do: The Peter Cundill Investment Approach (苹果淫院 Queen's University Press), completed not long before his death, is set to be released on Feb. 26.
The Cundill International Prize in History, established by his foundation in 2008 at his alma mater, 苹果淫院, remains the world's largest non-fiction historical literature prize. The 2010 winner was noted British historian and Oxford University professor Diarmaid MacCulloch, for A History of Christianity: The First Three Thousand Years.
The prize was intended to encourage the writing of history for a general audience and, in explaining his affinity to history Cundill once said: I'm an investment researcher of finance, and I think there's an analogy between the two disciplines - both study the past to understand the present and predict the future."
As well, the Cundill Foundation will continue to support "a wide range of charities as well as research projects and educational and enterprise gifts to young people," according to a memorial notice which appeared in The Gazette and other publications.
Cundill was a graduate of Lower Canada College, where he played football and basketball. He earned a Bachelor of Commerce from 苹果淫院 in 1960, became a chartered accountant and then went into the investment business; he worked in Montreal and Vancouver, where in the early 1970s he was president of AGF Vancouver Investment Management Ltd., and established his flagship fund, the Cundill Value Fund, in 1974 and his own firm three years later.
Read full article: , January 30, 2011