Russell Investments Canada Ltd. today announced investment manager changes in the Russell Sovereign Investment Program and LifePoints Portfolios.
Russell says it views these changes as “structural enhancements” to the manager line-ups in Russell Sovereign and LifePoints.
Goodman & Co., Investment Counsel Ltd. has been added to the Russell Canadian Equity Pool. The pool is part of the Russell Sovereign program.
Meanwhile, Goodman & Co. and Aurion Capital have been added to the Russell Canadian Equity Fund. Coincident with these appointments, Sanford C. Bernstein & Co. LLC is no longer a manager in fund.
Russel Canadian Equity Fund is an underlying multi-manager fund in LifePoints Portfolios, a fund-of-funds solution is available to both individual and institutional investors.