Portfolio management change for CI funds

Five mutual funds sponsored by Toronto-based CI Investment Inc. are under new management. Toronto-based Black Creek Investment Management Inc. now is the portfolio subadvisor for CI International Equity Alpha Corporate Class and a portion of both CI Select International Equity Managed Corporate Class and CI Select International Equity Managed Fund. Richard Jenkins, chairman and managing director of Black Creek, and Evelyn Huang, director of global equities with Black Creek, will act as lead portfolio co-managers. As well, Toronto-based Cambridge Global Asset Management, a division of CI Investments Inc., now is the sole portfolio subadvisor for CI International Equity Growth Corporate Class and CI International Equity Growth Pool. The lead portfolio co-managers for those funds are Alan Radlo and Brandon Snow, co-chief investment officers of Cambridge. Visit www.ci.com for fee details.

(fcollie@investmentexecutive.com.)