KPMG’s 10

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Martin Murenbeeld is the Chief Economist of Dundee Capital Markets, a division of 
Dundee Securities, a Dundee company. Dr. Murenbeeld’s group provides independent 
economic analysis and advice on economic and financial developments to financial 
advisors and portfolio managers across North America and abroad.

Dr. Murenbeeld graduated from the University of California, Berkeley, in 1972 with a 
PhD in international finance. He then joined the Faculty of Management Studies at 
the University of Toronto to develop the international business curriculum in the MBA 
program, where he was a Faculty until 1978. Dr. Murenbeeld started M. Murenbeeld & 
Associates Inc., an economic consultancy in the area of international finance. The 
company was bought by DundeeWealth Inc. in 2004 and he was Chief Economist of that 
firm until his departure in 2013 to join Dundee Capital Markets as its Chief Economist.

Frequently quoted in the financial press and a regular speaker at international precious 
metals and foreign exchange market conferences, Dr. Murenbeeld has over 30 years 
of independent consulting experience in the gold, currency and credit markets and is 
currently also an adjunct professor (international finance) in the Faculty of Business at 
the University of Victoria.

Dr. Martin Murenbeeld

Ph.D., Chief Economist, Dundee Capital Markets

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