Stephen Rogers has joined JovInvestment Management Inc. as vice president and portfolio manager, the company said Friday.

Rogers will lead the team responsible for managing U.S. equity mandates, including the new Horizons AlphaPro North American Growth ETF, which has been conditionally approved for listing on the Toronto Stock Exchange.

Rogers has over 25 years of experience in the investment funds industry, most recently guiding the Mavrix North American Growth Fund to first quartile performance among its U.S. equity peers.

As senior vice president at AGF Management Ltd., Rogers won numerous accolades. He was also the founder and president of Albireo Asset Management Corp., specializing in sector specific hedge fund strategies. He has an MBA and B.Comm. from the University of Toronto.

“We are thrilled to strengthen our team of investment professionals with such a skilled and experienced asset manager,” says Steven J. Hawkins, president, JovInvestment. “His solid reputation and track record speaks for itself and adds to our organization’s growing presence in Canada.”

JovInvestment is a member of the Jovian Capital Corp. (TSX:JOV) group of companies and provides investment advisory and administration services to a broad range of clients, including ETFs, public mutual funds, closed-end funds, hedge funds and principal protected notes. JovInvestment manages more than $3.3 billion in assets under management as at January 31, 2010.

IE