AIM Trimark Investments has announced a portfolio manager change to Trimark Enterprise Fund, effective November 26.
The fund, which is currently managed by Catherine (Kiki) Delaney of sub-advisor C.A. Delaney Capital Management Ltd., will now be managed by Ian Hardacre, manager of Trimark Canadian Fund and Trimark Select Balanced Fund.
The relationship with Delaney Capital Management began in 1999. At the time, Ms. Delaney brought an additional level of Canadian investment management expertise to Trimark.
“Kiki was a welcome addition to the Trimark team and we thank her for her contribution,” says Patrick Farmer, chief investment officer of AIM Trimark. “With the depth and quality of Canadian equity managers that we now have at AIM Trimark, it makes sense to bring the fund in house.”
Hardacre, who takes the helm of Trimark Enterprise Fund, began his investment career in 1991. He worked as an account manager for commercial banking at Hong Kong Bank of Canada and as a credit manager for the Bank of Nova Scotia.
Hardacre was an assistant portfolio manager with Ontario Teacher’s Pension Plan Board prior to joining Trimark in 1997. He received a B.Comm. and an MBA from McMaster University. Hardacre is a CFA charterholder and a member of the Toronto Society of Financial Analysts.