Smooth transition expected following departure of MacDonald
Merrill Lynch’s Survey of Fund Managers for August finds that fund managers are reluctant to abandon equities, notwithstanding recent market turbulence.“While fund managers have turned more risk averse in light of global market instability they still believe equities offer value, especially relative to bonds,” it says. In the broadest snapshot of global institutional investor sentiment […]
Jim O'Shaughnessy to form new portfolio management company
Name change for TD Monthly High Income Fund
Money manager has an exceptional track record in choosing U.S. stocks, Anderson says
Citigroup Alternative Investments to replace AllianceBernstein
Shannon will sub-advise on the new Quadrus Sionna Canadian Value Corporate Class Fund
Russell Investments Canada Ltd. has appointed AllianceBernstein LP to manage a portion of the Russell Overseas Equity Fund.AllianceBernstein will manage approximately 20% of the fund, specializing in value investing. As part of this appointment, The Boston Company is no longer a manager in the fund.“We believe that AllianceBernstein is a highly-ranked value manager that offers […]
Managers bearish on bonds
Cornerstone Capital replaces Ark Asset Management