CI Investments Inc. has announced several changes to its small-cap portfolios in a bid to diversify further following last year’s elimination of the foreign-content ceiling. Effective immediately, Calgary-based QVGD Investors Inc. will take over as portfolio advisor of Signature Canadian Small-Cap Corporate Class, with Leigh Pullen and Joe Jugovic as lead managers. The fund, to be renamed CI Can-Am Small-Cap Corporate Class, will be up to 49% invested in U.S. and international small-cap companies, while a minimum of 51% will remain invested in Canadian securities. QVGD has also been named advisor to the small-cap portion of Select Canadian Equity Managed Corporate Class. In addition, New York-based Epoch Investment Partners Inc. has been named portfolio advisor of CI Explorer Fund, which has been modified so it may invest up to 49% in U.S. and international small-cap companies, with at least 51% of the fund continuing to be Canadian content. QVGD and Epoch were appointed after the departure of CI portfolio manager Peter Hodson, who subsequently joined Sprott Asset Management Inc.
CI changes small-cap portfolio management
- By: Lara Hertel
- January 27, 2006 October 30, 2019
- 15:39