ClaringtonFunds Inc. and Industrial-Alliance Fund Management Inc. are integrating their business operations, pending regulatory approval. As a result, both companies’ funds will be merged under a single manager in trustee called IA Clarington Investments Inc. “The new name reflects Industrial-Alliance’s commitment to build on Clarington’s strong performance,” David Scandiffio, president of Clarington and Industrial-Alliance Fund Management, said in a news release. All funds managed by Clarington will now be managed by IA Clarington. This will not affect existing portfolio advisory relationships of any Clarington funds.