TORONTO, July 20, 2017 (GLOBE NEWSWIRE) -- Empire Life Investments Inc. today announced the appointment of Patrick McGrath, CPA, CGA, CFA, as Head of Fixed Income and Private Placements and Scott Pountney, CFA, as Director, Investments.
Since joining Empire Life1 in 2010, McGrath has been responsible for executing the company’s private debt investment mandate in support of its general assets and been involved with its private equity real estate investments. In his new role, McGrath will be responsible for providing strategic oversight and leadership to the fixed income portfolio managers and mortgage administration teams.
Pountney joined the product and marketing team in 2011 and in his new role will be a key liaison between advisors and the portfolio management team. He will represent the team at sales presentations and advisor events, and provide insight and thought leadership into fund holdings, market trends, and our investment philosophy, processes and strategies.
"Over the past few months, one of my key priorities has been to build a strong team. These recent appointments further strengthen the team and demonstrate our commitment to providing advisors with more in-depth information on a more regular and frequent basis," says Ian Hardacre, Senior Vice-President and Chief Investment Officer. “The team continues to use a conservative, value-oriented and disciplined investment style, with an emphasis on downside protection to help preserve and build wealth for clients.”
About Empire Life Investments Inc.
Empire Life Investments Inc. is a wholly-owned subsidiary of The Empire Life Insurance Company. The company manages and offers mutual funds and is the portfolio manager of the Empire Life segregated funds, including the Empire Life Guaranteed Investment Funds. As of December 31, 2016 the company managed $16 billion in assets. Follow Empire Life Investments on Twitter @EmpireLifeInv or visit www.empirelifeinvestments.ca for more information.
1 Effective January 2012 the investment team operates under Empire Life Investments Inc., a wholly-owned subsidiary of The Empire Life Insurance Company.