Mackenzie Financial Corp. has appointed George Morgan as senior vice-president and portfolio manager at its Mackenzie Cundill Investment Management subsidiary, the company announced on Monday.

Morgan will manage the Mackenzie Cundill American Class and provide research coverage for North American equities and the global energy sector.

“George is an extremely tenured and talented investor; his leadership is a tremendous addition to the team,” said Peter Cundill, founder of the Cundill organization.

“We are always looking for opportunities to add to the strength of our investment management teams,” commented Charles R. Sims, president and CEO of Mackenzie Financial Corporation. “George is an experienced global value investor who brings many years of investment success to the Cundill team and who has had a relationship with the team, having been a member of the Cundill Investment Advisory Committee for the last two years.”

Morgan was a senior officer and portfolio manager at Franklin Templeton Investments Corp. in Toronto from 1995 to 2000. In January 2001 he transferred to Nassau, Bahamas and was named the lead portfolio manager of the Templeton Growth Fund, Ltd. He managed the fund until he left the organization in October 2006.

Prior to joining Templeton, Morgan was a senior analyst and co-portfolio manager for Sun Life Investment Management.

He holds a Bachelor of Science and a Master of Science degree in Engineering as well as an MBA. He is also a CFA charterholder and is a member of the Calgary Society of Financial Analysts.

IE