Strength in financial stocks help value managers
Fund to be renamed and converted to open-ended mutual fund trust
“To use the tunnel analogy,” one manager says, “we may not see the light, but it’s not getting darker”
BMO Income Trust Fund sees portfolio manager and name change while BMO International Equity Fund merges into another fund
Newton Capital takes the reigns
Russell Investments Canada Ltd. Wednesday announced sub-advisor changes in the Russell Sovereign Investment Program and LifePoints Portfolios.Legg Mason Capital Management Inc. and PENN Capital Management Company, Inc. have been added to the Russell US Equity Pool, part of the Russell Sovereign Investment Program.Turner Investment Partners, Inc. and Fuller & Thaler Asset Management, Inc. are no […]
Global fund managers embrace emerging market equities
Counsel Group of Funds Inc. has appointed Forum Partners Europe (UK) LLP as the sub-advisor for Counsel Global Real Estate, Counsel said Thursday.Forum Partners will replace Citi Property Investors, a division of Citigroup Alternative Investments LLC, effective July 1.Counsel Global Real Estate is an underlying fund to Counsel Conservative Portfolio, Counsel Regular Pay Portfolio, Counsel […]
ScotiaMcLeod Tuesday announced a change in portfolio advisor for the Pinnacle Global Real Estate Securities Fund. Effective July 1, Forum Partners Europe (UK) LLP will replace Citigroup Alternative Investments LLC. The investment team at Forum Partners will consist of the same individuals together previously at Citigroup Alternative Investments LLC. “This change in portfolio advisor will […]
Westwood Management Corp. has been appointed as sub-advisor for the RBC Private U.S. Value Equity Pool, RBC Asset Management Inc. said Tuesday. The appointment is effective July 1. Westwood was founded in 1983 with a focus on serving primarily institutional clients. The firm manages over US$7 billion in assets with a value-oriented approach to investing […]