Calgary-based Mawer Investment Management Ltd. launched a new fund on Tuesday.
The Mawer U.S. Mid Cap Equity Fund gives investors access to opportunities in companies in the United States with markets caps that are generally below $60 billion.
The fund is managed by Jeff Mo and aims to provide investors with above-average, risk‐adjusted returns over the long-term using the firm’s bottom-up investing approach, a release said.
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Desjardins says the transaction "does not call into question our business relationship with Fiera"
While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge of the regime