Winnipeg-based Investors Group Financial Servcies Inc. has appointed global investment firm T. Rowe Price (Canada), Inc. as a new subadvisor, the firm announced on Wednesday.
“By adding T. Rowe Price, one of the largest asset management firms in the world, we continue to build on our commitment to deliver exceptional global investment management talent and expertise to our clients’ investment solutions,” says Jon Kilfoyle, senior vice president of IG Investments, in a statement.
T. Rowe Price will provide investment advisory services for the IG T. Rowe Price U.S. Large Cap Equity Fund. The firm was selected for its success in the U.S. Large Cap Equity space and its experience providing clients with long-term risk-adjusted performance, the firm says in a news release.