(May 1- 11:50 ET) – Montreal-based Talvest Fund Management has chosen Capital Guardian Trust Co. as portfolio manager of the Talvest Global Equity Fund. This fund is also included in the portfolios of the two Talvest Global Multi Manager funds and the five Synchrony funds.
Capital Guardian Trust is part of the Capital Group Companies, Inc., a Los Angeles-based money management firm which, through its subsidiaries, manages C$850 billion in assets.
“Capital Guardian Trust immediately rose to the top of the 94 fund manager candidates examined, and was selected as its people, credentials and distinctive approach to fund management best met Talvest’s criteria,” Murray G. Douglas, Talvest president and chief operating officer, said in a press release.
“Capital Guardian Trust’s multi-manager, broadly based approach – with their analysts and managers based around the world – is a perfect fit for the Global Equity Fund and its related Multi Manager and Synchrony funds, and will provide a greater probability that the fund will consistently reach its goals,” said TAL Fund Management president and COO, Gisèle Wilson.
-IE Staff