CALGARY, Alberta, Aug. 28, 2018 (GLOBE NEWSWIRE) -- Canoe Financial announced today a name change and a new sub-advisor to further strengthen its global equity offering. On August 28, 2018, Canoe Global Equity Income Portfolio Class will be renamed Canoe Global All Cap Portfolio Class and the sub-advisor of the fund will change to Kames Capital on, or about September 30, 2018.
Kames Capital, a wholly owned subsidiary of Aegon Asset Management, offers a high conviction approach to global equities, searching the world for the best investment opportunities across the market cap spectrum. Located in Edinburgh and London, Kames Capital can trace its history back to 1831, and currently has assets under management of $74.9* billion which they manage on behalf of pension plans, financial institutions, endowments and foundations, family offices and wealth managers.
“Canoe is a firm that takes pride in our active management and high conviction portfolios. Kames Capital are true stock pickers and they offer a product that complements our line up. Our exclusive relationship with Kames will provide Canadian investors with a flexible and differentiated solution in a crowded global equity space,” said Darcy Hulston, President and CEO of Canoe Financial. “Canoe Global All Cap Portfolio Class will leverage Kames’ deep bench of 91 investment professionals to search the world for the best investment opportunities, regardless of location or market cap.”
About Canoe Financial
Canoe is one of Canada’s fastest growing independent mutual fund companies managing over $4.8 billion in assets across a diversified range of award-winning mutual funds, flow-through limited partnerships and private energy equity products. Founded in 2008, Canoe Financial LP is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe has expanded from its Calgary head office to across Canada, including offices in Toronto, Vancouver, Winnipeg, Ottawa and Montreal. To learn more about Canoe Financial and its investment products, visit www.canoefinancial.com.
About Kames Capital
Kames Capital is a specialist investment management business. From Edinburgh and London the company manages £44.2billion (€49.8billion) on behalf of UK and international clients – including pension funds, government agencies, financial institutions, wealth managers, family offices and financial advisers.*
Kames Capital is a multi-award-winning investment manager, with expertise in fixed income, equities, property, multi-asset, absolute return and ethical investing. The company has over 320 employees.*
For more information, visit www.kamescapital.com.
*Source: Kames Capital as at 31 December 2017.
For further information, please contact:
Investor Relations
Canoe Financial LP
1–877–434–2796
www.canoefinancial.com
info@canoefinancial.com