Felix Narhi, CFA

Felix Narhi is the Portfolio Manager of the Pender Strategic Growth and Income Fund, alongside Co-Manager, Geoff Castle, Lead Portfolio Manager, Fixed Income.

In November 2023 the Pender Strategic Growth and Income Fund received industry recognition with a LSEG Lipper Fund Award for strong, long-term, risk-adjusted returns.

Felix was Pender’s CIO for 10 years and in June 2024 stepped back from the position to focus on investment management. Pender created the Office of the CIO with functional areas managed by the CIO being divided into six activity centres, owned and managed by experienced and senior members of Pender’s Investment and Operations teams, and led by and reporting to Pender’s CEO, David Barr. 

Prior to joining Pender in July 2013, Felix spent over nine years at an independent and value-oriented investment firm in Vancouver. As a Director and Senior Equity Analyst, he contributed thought leadership and primarily US equity ideas to the company’s Model Portfolio, a concentrated equity portfolio that has outpaced North American benchmarks since its inception in 1994.

Felix holds a Bachelor of Commerce degree from the University of British Columbia. He earned his Chartered Financial Analyst (CFA) designation in 2003 and is a member of CFA Vancouver.

Felix advocates a business-like approach to investing. Sound investing is the process of determining the value underlying a security and then buying it at a considerable discount to that value. The greatest challenge is to maintain the necessary balance between patience, emotional fortitude and discipline to only buy when prices are attractive and to sell when they are dear, while avoiding the short-term “noise” that consumes most market participants.

Read Felix’s articles here.