Montreal-based Jarislowsky, Fraser Ltd. will cease to act as subadvisor to ATBIS Canadian Equity Pool effective March 22, ATB Investment Management Inc. has announced.

Edmonton-based ATB will continue to act as portfolio advisor to the fund and will continue to retain the services of Calgary-based QV Investors Inc. to act as subadvisor in respect of the active Canadian equity portfolio assets.

Toronto-based Bank of Nova Scotia announced in mid-February that it would acquire Jarislowsky Fraser for approximately $950 million.

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