Russell Investments Canada Ltd. Tuesday announced sub-adviser changes in the Russell Sovereign Investment Program and LifePoints Portfolios.

“Russell views these changes as structural enhancements,” the company said in a release.

In the Russell Sovereign Investment Program, Boston-based Arrowstreet Capital L.P. has been added to the Russell Global Equity Pool.

San Diego-based, Clarivest Asset Management is no longer a sub-adviser in the Global Equity Pool.

Within the Russell Group of Funds, Arrowstreet has also been added to the Russell Global Equity Fund.

Coincident with this appointment, Clarivest is no longer a sub-adviser in the Global Equity Fund.

The Global Equity Fund is an underlying fund in LifePoints Portfolios, a fund-of-funds solution available to both individual and institutional investors.

IE