Assante Asset Management Ltd. today announced changes to the portfolio management arrangements for five investment pools in its Assante Optima Strategy program. The changes were effective yesterday.
Assante Optima Strategy Pools are a multi-manager family of 18 mutual funds providing a broad range of geographically diversified investment options and multiple asset classes.
The investment management mandates of the Optima Strategy Global Fixed Income Pool and the Optima Strategy RSP Global Fixed Income Pool have been awarded to employee-owned Trilogy Advisors, LLC of New York, N.Y. William Sterling and Richard Gluck will assume investment management responsibilities. Sterling is the chairman, chief investment officer and a founding partner of Trilogy Advisors, while Gluck is a arincipal at the firm. Formed in 1999, Trilogy manages US$4.5 billion and has extensive experience investing in global markets on behalf of institutions and individuals.
Likewise, Assante Asset Management Ltd. will no longer manage the investment portfolios of the Optima Strategy Cash Management Pool, the Optima Strategy Short Term Income Pool and the Optima Strategy Canadian Fixed Income Pool. The portfolio management responsibility for these pools will be assumed by CI Mutual Funds Inc. James Dutkiewicz, VP and portfolio manager with the Signature Funds group of CI Mutual Funds Inc., will be the investment manager.