Vancouver-based OceanRock Investments Inc. said Tuesday that Aegon Capital Management Inc. and Fiera Capital Corp. will take over the sub-advisor role of the Meritas Canadian Bond Fund.
“Our team of experts performed a diligent search to find who we believe are the best managers to enhance yield and mitigate risk for our investors. With a credit mandate now added to the bond fund, this presents an attractive, diversified opportunity for investors struggling to find yield elsewhere, said Fred Pinto, CEO, OceanRock.
These new partnerships capitalize on Fiera’s and Aegon’s core capabilities, which balance duration management with credit analysis, effectively providing exceptional income and capital preservation solutions to investors.
OceanRock has made other changes that will strengthen its team of money managers. Aegon, in addition to managing the corporate/credit component of the Meritas Canadian Bond Fund, will take on the role of sub-advisor of the Meritas Money Market Fund.
Sionna Investment Managers Inc., with $3.4 billion in total assets under administration, has been appointed sub-advisor of the OceanRock Canadian Equity Fund. The relative-value investment approach employed by Kim Shannon, a highly respected money manager, and her team, offers flexibility, low risk, and long-term value.
All changes take effect immediately.
Toronto-based Aegon Capital Management Inc. has been investing assets on behalf of Canada’s top institutions, totalling more than $8.8 billion across a variety of strategies.
Montreal-based Fiera Capital Corp. is an investment management firm offering capabilities in both traditional and absolute return investment strategies.
Toronto-based Sionna Investment Managers Inc. is an independent, employee-owned investment management firm investing on behalf of its institutional and private clients.
OceanRock Investments Inc. is a wholly owned subsidiary of Qtrade Financial Group.