T. Rowe Price has launched two pooled vehicles for institutional investors in Canada that are based on the company's global growth equity and international core equity strategies.
Canadian diversified pooled fund managers posted a median return of 0.8% before management fees in the third quarter of 2014. That was 0.2% below the benchmark portfolio (with an allocation of 55% in equity and 45% in fixed income) used by many pension funds.
Sun Life Investment Management is launching three pooled funds that focus on private fixed income, commercial mortgages and real estate assets.
J. Zechner Associates Inc. has chosen CIBC Mellon Global Securities Services Company to provide asset servicing support for its family of pooled funds, including global custody, fund accounting, unitholder recordkeeping, foreign exchange and securities lending services. “We have experience working with CIBC Mellon through our relationships with common institutional clients,” says John Zechner, chairman and […]