Myron Genyk, CFA
Myron Genyk is a 15-year Bay Street veteran
and ETF innovator, with experience at two
bank-owned dealers and two ETF issuers.
Prior to co-founding Evermore Capital, Myron
was at BlackRock Canada, where he was
responsible for overseeing ETF markets,
improving ETF liquidity, and helping source
best execution for clients. His continuous
engagement with institutional clients and
financial advisors quickly made Myron a
trusted source of market news, intelligence,
and context. Prior to BlackRock, Myron
briefly consulted for Horizons ETFs.
Prior to working on the buy side, Myron
spent over 10 years at National Bank of
Canada, most of that time as a structurer,
trader, and salesperson on the derivatives
desk. Myron managed a multi-asset hedging
portfolio and gained a reputation for
structuring creative and scalable solutions
for ETF issuer clients, including the
world's first synthetic bond ETF. Prior to
NBC, Myron interned at RBC Capital Markets
on the emerging markets bond desk.
Myron holds an Honours B.Sc. from the
University of Toronto, an M.A. in Applied
Statistics and a Graduate Diploma in
Financial Engineering from York University,
and a Graduate Diploma in Applied Music from
Sheridan College. Myron holds the FRM
designation and he is a CFA charterholder.
Why did
you start Evermore?
It bothered me that, despite all the
advancements in investment products over the
past several decades, there still didn't
exist a low-fee investment vehicle designed
for retirement, arguably the largest
"purchase" for most people. I was also
familiar with target date funds, which were
designed specifically for retirement in or
around a given year, but were available only
via certain group RRSP plans or as high-fee
mutual funds. It became obvious that target
date ETFs were the low-cost all-in-one
retirement solution that most Canadians
would find easy to understand and even
easier to implement. And when you can help
people better secure their financial future,
that doesn't just make for good business,
that's a significant social good, too.
