Canadian asset manager with British roots makes the case against Brexit

, Income

Andrew Torres, founder of Toronto-based Lawrence Park Asset Management

Andrew Torres, founder of Toronto-based Lawrence Park Asset Management, has a more than passing interest in the upcoming referendum on whether Britain should leave or remain within the European Union.

Torres, whose firm manages about $500 million of client assets, is interested because of his connections: he was born there before coming to Canada in the early 1970s; he returned there about 20 years later to continue his work with TD Securities before settling in Canada in 2009; and because the on-going developments affect markets all of which make his day job and his ability to get ahead of developments in credit markets, all the more difficult.

More importantly he will have a say in the outcome. Torres, who founded Lawrence Park in 2011, will be voting on June 23. And the camp that favours Britain remaining in the EU will be getting his support.

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