Montreal-based Desjardins Investments Inc. on Friday announced portfolio management changes for two funds.

Chicago-based LSV Asset Management will now serve as the sole portfolio submanager for Desjardins Canadian Equity Value Fund while Montreal-based Fiera Capital Corp. will now serve as the sole portfolio submanager for Desjardins Canadian Equity Growth Fund.

The investment objectives of the two funds remain unchanged, Desjardins says.

These changes, which are subject to regulatory approval, are expected to take effect on or about Nov. 21.