Clarica Diversico Ltd. has selected three new portfolio advisers to manage five of its Canadian retail mutual funds. The funds are currently advised by Perigee Investment Counsel Inc.

Brinson Canada Co., of Toronto, formerly RT Capital Management, has been selected to manage the small-cap Clarica Premier Growth .

Natcan Investment Management Inc, will manage the Clarica Premier Blue Chip Fund and Clarica Equifund under the Canadian large cap equity fund mandate.

McLean Budden Ltd. will manage the balanced funds Clarica Premier Diversified Fund and Clarica Diversifund 40.

Barry Triller, Clarica Diversico’s chairman and executive vice president, Canadian Customers of Clarica Life Insurance, said “we play an active role in managing our portfolio adviser partners. The selection of new portfolio advisers for a significant portion of our total retail wealth assets is the initial step in our strategy to build a manager-of-portfolio advisers process capability that we believe will bring improved investment returns for Clarica clients.”

Clarica said William M. Mercer, a global benefits and investment consulting firm, provided assistance in the advisor selection process.