Vancouver-based PenderFund Capital Management Ltd. Tuesday announce the appointment of Felix Narhi, to Pender’s investment management team.

Narhi joins Pender as portfolio manager of the newly launched Pender US All Cap Equity Fund. His mandate also includes working alongside David Barr, Pender’s chief investment officer, in setting the direction of Pender’s overall investment strategy.

Narhi brings over 14 years of experience in equity analysis to Pender. For the last nine years, he has been at the independent and value-oriented investment firm, Odlum Brown Ltd. As a director and senior equity analyst, he contributed thought leadership and investment ideas to the Odlum Brown Model Portfolio.

“We are delighted to welcome Felix to our investment management team,” said Kelly Edmison, President of Pender. “Felix fits perfectly into our independent value-based investment philosophy and will compliment Dave Barr in building Pender into a leading fund management company.”