Portfolio management changes for Cambridge funds

Brandon Snow, co-chief investment officer has been added as portfolio manager of Cambridge Global Equity Corporate Class, joining Alan Radlo, lead portfolio manager and co-chief investment officer, on the fund. As co-manager, Snow will direct the continued enhancement of the team’s global research coverage. Snow is also lead portfolio manager of Cambridge Canadian Equity Corporate Class and Cambridge Asset Allocation Corporate Class.

Stephen Groff has been named lead portfolio manager of Cambridge Canadian Dividend Fund, Cambridge Global Dividend Fund, and Cambridge Global Dividend Corporate Class. The change consolidates responsibility for Cambridge’s dividend mandates with Groff, who is also lead portfolio manager of Cambridge U.S. Dividend Fund, Cambridge U.S. Dividend Registered Fund, Cambridge U.S. Dividend US$ Fund, Cambridge American Equity Fund and Cambridge American Equity Corporate Class.

Gregory Dean has been named lead portfolio manager of Cambridge Canadian Growth Companies Fund. He is also lead portfolio manager of Cambridge Growth Companies Corporate Class, which has a global mandate, and co-lead portfolio manager of Cambridge Pure Canadian Equity Fund, with Groff. With the change, Dean has the primary role in managing Cambridge’s growth-oriented equity funds.

“These changes recognize Greg’s focus on our suite of growth funds and Steve’s responsibility for our lineup of dividend equity funds. And as co-manager of our global equity fund, I am working with our analysts to continue to expand our research coverage globally, in our search for investments that fit with the Cambridge approach and philosophy,” says Snow in a statement.

Robert Swanson, chief market strategist, continues to focus on the Cambridge income mandates and on providing guidance on macro-economic trends and market and asset allocation strategies to the team, the company says. He is lead portfolio manager of Cambridge High Income Fund and co-manager of Cambridge Asset Allocation Corporate Class.

The portfolio management changes are summarized here.

Cambridge was founded in 2008 with three funds under the leadership of Radlo. In 2011, CI expanded the team with the addition of Swanson, Snow, Dean and Groff. Today, the team manages over $15 billion, oversees a diverse lineup of funds and operates from offices in Boston and Toronto.

In other changes announced on Thursday, Cambridge Canadian Asset Allocation Corporate Class has been renamed Cambridge Asset Allocation Corporate Class, to reflect the flexibility of the fund’s mandate, which allows for foreign content of as much as 49%.

Cambridge Global Asset Management is a business name of CI used in connection with its subsidiary, CI Global Investments Inc. Certain portfolio managers of Cambridge are registered with CI Investments Inc.