Investors Group has has selected J.P. Morgan Asset Management (Canada) Inc. as the new portfolio advisor for the large cap growth mandate within its iProfile International Equity Pool.
The Pool is part of Investors Group’s $530 million iProfile, Managed Asset Program.
The change, which is expected to take effect on or about Feb. 28, 2006, will have no effect on the Pool’s investment objective or fundamental investment strategy. The large cap growth mandate invests primarily in a diversified selection of growth-oriented, large capitalization equity securities from Europe, Australia, Asia and the Far East.
With more than 150 regional specialists around the world, J.P. Morgan has a global approach to its investment management operations. J.P. Morgan manages more than US$800 billion of assets around the world.