New lead manager for Invesco fund

Toronto-based Invesco Canada Ltd. has appointed Clayton Zacharias as lead portfolio manager of Trimark Income Growth Fund. He will be joined by a team of five equity portfolio managers and by the four-member fixed-income team led by Rex Chong, head of fixed-income investments at Invesco Canada. The fund will continue to be managed using a long-term, bottom-up approach to identify high-quality, well-managed businesses that are undervalued based on the management team’s estimation of their growth prospects. The fund strives to provide investors with long-term capital growth and current income by investing in a mix of equities and fixed-income securities. Zacharias also will continue in his role as lead portfolio manager of Trimark Canadian Endeavour Fund. Zacharias joined the Trimark investment team in 2002 as an investment analyst and was promoted to portfolio manager in 2006. Prior to joining the firm, Zacharias had worked as a senior associate, manager and vice president in the corporate finance and investment-banking group at Toronto-based PricewaterhouseCoopers LLP. Don Simpson, who previously had served as lead manager for Trimark Income Growth Fund, is no longer with Invesco Canada.

(cohara@investmentexecutive.com)