TD Asset Management Inc. has appointed Highstreet Asset Management Inc. as portfolio advisor of TD Private Canadian Strategic Opportunities Fund, effective Feb. 16. Highstreet is a London, Ont.-based institutional manager founded in 1998. Highstreet replaces KBSH Capital Management Inc.
More than a year after closing Northwest Specialty Equity Fund, Toronto-based Northwest Mutual Funds Inc. has announced the fund will reopen, effective Feb. 24. The small-cap fund hit $250 million in assets last year, resulting in “too much money,” the company says. “We didn’t want to be forced to buy things we didn’t like, which […]
Toronto-based Mavrix Fund Management Inc. will begin offering F-class units for nine of its funds, effective immediately. The funds include: Mavrix Dividend & Income Fund; Mavrix Diversified Fund; Mavrix Canada Fund; Mavrix Strategic Bond Fund; Mavrix Sierra Equity Fund; Mavrix Global Fund; Mavrix Explorer Fund; Mavrix Canadian Income Trust Fund; and Mavrix Small Companies Fund. […]
Toronto-based RBC Asset Management Inc. will wind up RBC Private U.S. Equity Pool on April 28. The company cites the pool’s small size and limited growth potential as the reason for its decision. The pool will be closed to purchases effective Mar. 1. Unitholders have until April 28 to redeem their units; those remaining after […]
Bernard Greene has been named manager of the Newfoundland and Labrador portfolio of GrowthWorks Atlantic Venture Fund, effective immediately. “The fund is committed to a regional investment program that sources and invests in the best companies throughout Atlantic Canada,” says Thomas Hayes, GrowthWorks Atlantic’s president and CEO in Halifax. Greene will be responsible for recommending […]
Sick building syndrome can cause headaches, dizziness, fatigue and irritation of the eyes, nose and throat
Bringing in new blood while keeping old hands happy is more fruitful than raiding rivals for veterans, says managing director
Sentry Select Capital Corp. has launched Sentry Select Dividend Fund, designed to provide investors with dividend income and the potential for capital appreciation. The fund will be managed by Sentry’s vice president of equities, Gordon Higgins, and will invest primarily in preferred shares, dividend-paying equities and convertible securities of North American issuers. Front-end sales commissions […]
Winnipeg-based Investors Group Inc. has announced that JPMorgan Asset Management (Canada) Inc. will become portfolio advisor for the large-cap growth mandate within its iProfile International Equity Pool, effective Feb. 28, pending regulatory approval. The large-cap portion of the pool invests primarily in growth-oriented, large-cap equity securities in Europe, Australia, Asia and the Far East, and […]
Mackenzie Financial Corp. is changing the portfolio managers to two of its funds, effective March 1. Jerry Javasky, head of Mackenzie’s Ivy Funds team, and Alan Pasnik, lead portfolio manager of Mackenzie Maxxum Global Explorer Capital Class, will assume co-manager duties of Mackenzie Select Managers USA Capital Class. Javasky and Pasnik will join two existing […]