Scotia Asset Management L.P. Tuesday announced a portfolio advisor change to Scotia Private Global Real Estate Pool.
Effective December 28, CBRE Clarion Securities, LLC (CBRE Clarion) will become portfolio advisor for Scotia Private Global Real Estate Pool, replacing the current portfolio advisor.
CBRE Clarion is a registered investment advisory firm specializing in the management of global listed securities for both institutional and individual investors.
Headquartered near Philadelphia, the firm manages approximately $20 billion in assets and has over 80 employees located in offices in the United States, United Kingdom, Hong Kong, Japan and Australia.
CBRE Clarion’s strong track record of investing in global real estate securities and proven team of experienced professionals joins an already strong lineup of Scotia portfolio advisors.
There will be no change to the investment objective of Scotia Private Global Real Estate Pool as a result of the portfolio advisor change.
Scotia Private Pools are a suite of investment pools offered and managed by Scotia Asset Management L.P. The global real estate mandate is available through the Pinnacle Program, a managed asset program available exclusively through ScotiaMcLeod, a division of Scotia Capital Inc.