Andrew Iu, CFA
Chief Investment Officer, Portfolio Manager
HIGHLIGHTS
- Joined Burgundy in 2013
- Portfolio Manager for Partners' Global
- 15 years of investment experience, including 7 years as Director of Research
Having invested in small-cap stocks for years in his personal portfolio, Andrew converted a hobby into a career when he joined Burgundy as an Analyst for the Canadian small-cap team. Under the mentorship of then-Portfolio Manager Allan MacDonald, Andrew took notes, developing the investment approach he later applied when he stepped into the portfolio management role.
Alongside his responsibilities as a Portfolio Manager, Andrew spent seven years as Director of Research, a role that broadened his focus across multiple geographies and market capitalizations. This global experience has continued to deepen in his current position as Chief Investment Officer, where he provides stewardship, guidance, and support to the entire Investment Team while upholding Burgundy’s long-term investment philosophy.
Outside of Burgundy, Andrew has been involved with the North York General Foundation for many years, serving as Vice Chairman of the Investment Committee and launching the Foundation's Next Gen program.
BURGUNDY EXPERIENCE
- Joined Burgundy in 2013
- Appointed Chief Investment Officer in 2025
- Previous roles include: Investment Analyst for Canadian small-cap equities, Director of Research, Portfolio Manager for Canadian small-cap equities
RELEVANT EXPERIENCE
- 15 years of combined professional experience, including a position at Goldman Sachs Investment Banking Division
EDUCATION
- CFA charterholder
- Bachelor of Commerce, Queen's University
MEMBERSHIPS AND COMMUNITY
- Membre du conseil des gouverneurs, vice-président du comité d’investissement et membre du comité d’audit, North York General Foundation
- Member, CFA Society Toronto
- Member, CFA Institute
POSTS FROM THIS AUTHOR
2025 in Review
The Journal | January 2026
Mathew Harrison, Head of Burgundy’s Private Client Group, sat down with Burgundy’s CIO Andrew Iu to reflect on a year shaped by tariff tensions, AI enthusiasm, surging gold...
When to Buy: A Journey Inside Our Investment Process
The Journal | June 2025
What does it take to reach a “buy” decision at Burgundy? In this panel from the 26th Burgundy Forum, members of our Investment Team walk through the process, from idea...
Beyond the Desk: Why We Travel
The Journal | October 2024
Whether walking the factory floor in India, meeting with management teams in Amsterdam, or observing local consumers in Red Deer, some insights cannot be captured from just reading an annual...
Research. Comes. First.
The Journal | April 2022
What does it mean to conduct investment research today? In an age when information is instant and readily available, you may ask how Burgundy manages to sift through the relentless...
Finding A Needle In A Haystack
The Journal | July 2021
Metro Inc. (grocer) and Generac (power generation) are just two examples of companies that have managed to shed their “small-cap” company skin to join the ranks of the largest companies...
A Rock Bottom Price
The View | November 2020
A recent bid on Rocky Mountain Equipment inspires this latest View from Burgundy. With an eye on Western Canada’s agricultural equipment environment, Portfolio Manager Andrew Iu, Canadian small cap...
Expecting the Unexpected
The Journal | February 2020
“It’s 6:30 in the morning and I’m checking my inbox for the first time. It’s early. It’s also earnings season, when most public companies are releasing their...
Thinking Like a Private Investor
The Journal | January 2015
Burgundy’s Investment Team researches numerous companies but invests in only a handful. To help us narrow down our potential investment universe, we use decision rules that point us toward...
What Motivates Senior Managers?
The Journal | September 2014
When we study a company, an important step in our research process is to evaluate the CEO as a leader and fiduciary. Is this person going to protect and grow...
Top Quartile: A Survey of Canadian CEO Compensation Programs
The View | September 2014
In 1998, we wrote about the unintended consequences that options have on manager behaviours in an issue of The View from Burgundy entitled “Stealing a Fortune.” We illustrated our thoughts with...