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NCM Asset Management Ltd.


1850-333 7th Ave SW
Calgary, Alberta T2P 2Z1
(403) 531 - 2650
Toll Free: (877) 531 - 9355

Principal Contacts

Ellen Barbour
Senior Manager
Tel: (403) 705 - 2436

Sonia Maloney
Chief Operating Officer

Client Minimums

Private: $500,000
Institutional: $1,000,000

Types of Accounts Managed

  • Private Individual / Investor
  • Institutional Investor - Other

Provinces of Business

  • Alberta*
  • British Columbia
  • Ontario*

* indicates a physical location in this province

NCM Asset Management Ltd. (formerly Norrep Capital Management Ltd. and Hesperian Capital Management Ltd.) was founded in Calgary in 1995 and assumed portfolio management duties for Norrep Investments at the beginning of 1999. Starting with just one Canadian small cap equity fund, Norrep decided to employ its energy expertise and opened its first Flow Through Limited Partnership (FTLP) in July of that year. Hesperian has successfully launched a new FTLP every year since 1999.

After analyzing the capital markets, Hesperian decided to design products that can take advantage of market inefficiencies and that are difficult for investors to do on their own. Our investment solutions can be divided into a “wealth creation” arm and a “wealth preservation” arm. Our full suite of wealth creation products include two Canadian small cap funds, a micro cap fund, Global, U.S. and Canadian all cap funds, an energy fund, and a tactical balanced fund. Our wealth preservation side includes a global equity balanced fund, a Canadian equity balanced fund, a high yield fund and a short term income fund. We have also entered the alternative strategy market with the introduction of a market neutral income fund and a premium growth fund of funds. Given our breadth of products, we believe that we have the solution to help with all your investment needs.