Portfolio advisor changes to Scotia Private Pools

Beutel Goodman specializes in applying a value approach to the management of Canadian and non-domestic equities in addition to managing global equity, balanced and fixed income mandates. The firm’s core fixed income style is active and seeks to add value through management of duration, yield curve and credit risk. Beutel Goodman manages approximately $31 billion in assets.

Also effective April 22, Chicago-based William Blair & Co. L.L.C. is scheduled to become portfolio advisor for Scotia Private U.S. Mid Cap Growth Pool, replacing the current portfolio advisor.

William Blair is a global investment banking and asset management firm with approximately $47 billion in assets under management. The firm manages money for institutional, private and mutual fund investors across geographies and asset classes, drawing on an investment-centric culture, deep intellectual capital and disciplined research processes.

Scotia Asset Management says Beutel Goodman and William Blair’s strong track record and proven team of investment professionals joins an already strong lineup of portfolio advisors to the Scotia Private Pools.

There will be no change to the investment objective of Scotia Private Income Pool or Scotia Private U.S. Mid Cap Growth Pool as a result of the portfolio advisor changes.

Scotia Private Pools are a family of investment pools offered and managed by Scotia Asset Management L.P. They are available through ScotiaMcLeod, a division of Scotia Capital Inc.