Toronto-based R.N. Croft Financial Group Inc. has announced the appointment of Malcolm Gilroy of Meridian Global Investors Inc. to provide investment advice for both Croft Enhanced Income Fund and Croft Select Securities Fund, effective immediately. Under this new subadvisory agreement, the funds will be managed by both Richard Croft and Gilroy. Gilroy, formerly of Cambrian Capital Management, previously managed the bond portfolio at Croft Financial.
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