Kelowna, B.C.-based Forstrong Global Asset Management Inc. core portfolio strategies have been added to Toronto-based Richardson GMP Ltd.’s separately managed account platform, the companies announced Wednesday.
Forstrong’s core portfolio solutions are available immediately to Richardson GMP advisors and their clients.
The globally diversified portfolios are designed to give clients a mix of developed, emerging and frontier markets exposure.
“Growing demand for multi-asset global macro strategies makes this a timely addition to Richardson GMP’s suite of turnkey managed solutions, says Paul Adair, director and portfolio manager of products and services at Richardson GMP, in a statement.
“This agreement with Richardson GMP represents the third major brokerage platform to offer Forstrong’s sophisticated global macros thematic strategies and is an important development in our ongoing commitment to building the premier independent global asset manager in Canada,” adds Tyler Mordy, Forstrong global president and CIO, in a statement.
“It is recognition of Forstrong’s track record for construction the type of robust, low downside, global portfolios that Canadian investors are increasingly demanding,” he adds.
Forstrong Global Asset Management Inc. is part of the Industrial Alliance group of companies.