Toronto-based 1832 Asset Management LP, manager of Dynamic Funds, ScotiaFunds, and Scotia Private Pools, announced on Tuesday that Bill McLeod has joined the firm as vice president and portfolio manager.
McLeod has over 13 years of investment industry experience and was recently portfolio manager and head of Canadian equities for more than $3 billion in client assets at HSBC Global Banking and Markets in Vancouver.
"Bill McLeod is an outstanding addition to our investment organization and he is an ideal fit for the equity income team and their philosophy," says Glen Gowland, senior vice president and head, asset management, in a statement. "His active and fundamentally driven investment process reinforces our ability to deliver superior, risk-adjusted results for investors."
The firm also announced that Cecilia Mo has made a personal decision to take a leave of absence effective Tuesday.
Don Simpson and Eric Mencke have assumed equity portfolio management responsibilities for the Canadian-focused mutual funds previously managed by Mo, including Dynamic Value Fund of Canada, Dynamic Canadian Value Class, Dynamic Dividend Advantage Fund, Dynamic Dividend Advantage Class, Dynamic Value Balanced Fund, and Dynamic Value Balanced Class.
Eric Benner, Tom Dicker, and Leanne Caravaggio have assumed equity portfolio management responsibilities for the U.S.-focused mutual funds previously managed by Mo, including Dynamic U.S. Dividend Advantage Fund and Dynamic U.S Monthly Income Fund.