BMO Investments Inc. Announces Portfolio Management Changes
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/30/12 -- BMO Investments Inc. today announced that the portfolio managers for BMO Greater China Class, a class of shares of BMO Global Tax Advantage Funds Inc. and BMO Emerging Markets Fund will change.
Effective on or about February 29, 2012, Martin Currie Inc. will no longer serve as portfolio manager for BMO Greater China Class. Lloyd George Management (Hong Kong) Limited will become the portfolio manager of the fund. Also effective on or about February 29, 2012, Lazard Asset Management (Canada) Inc. will no longer serve as portfolio manager for BMO Emerging Markets Fund. Lloyd George Management (Europe) Limited will become the portfolio manager of the fund. The investment strategies of BMO Emerging Markets Fund will be revised to reflect Lloyd George Management (Europe) Limited's fundamental investment style which focuses on companies with strong growth prospects, solid management and a sustainable dividend yield.
Brockhouse & Cooper Inc. will be engaged to provide portfolio transition management services in connection with each of the portfolio manager changes.
Each of Lloyd George Management (Hong Kong) Limited and Lloyd George Management (Europe) Limited are wholly-owned subsidiaries of Lloyd George Management (B.V.I.) Limited (LGM). In April 2011, LGM became a wholly-owned subsidiary of Bank of Montreal. Founded in 1991, LGM is an investment management specialist in Asia, Global Emerging Markets and Frontier Markets equities. LGM has local presence in Hong Kong, Singapore, Mumbai, London and Florida.
"We are happy to introduce LGM to our mutual fund advisors and clients. We believe that their expertise in emerging markets and Greater China equities will benefit our unitholders," said Serge Pepin, Head of Investments, BMO Investments Inc.
About BMO Investments Inc.
BMO Investments Inc. is a member of BMO Financial Group and part of the organization's Private Client Group. The Private Client Group, BMO's group of wealth management businesses, serves a full range of client segments from mainstream to ultra-high net worth and institutional, with a broad offering of wealth management products and solutions including insurance products. PCG operates in both Canada and the United States, as well as in Asia and Europe and had total assets under management and administration of $422 billion as at October 31, 2011.
Contacts:
For all news media enquiries please contact:
Amanda Robinson, Toronto
(416) 867-3996
Sarah Bensadoun, Montreal
(514) 877-8224
Laurie Grant, Vancouver
604-665-7596
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 30.01.2012 - 21:06 Uhr
Sprache: Deutsch
News-ID 109069
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 196 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"BMO Investments Inc. Announces Portfolio Management Changes"
steht unter der journalistisch-redaktionellen Verantwortung von
BMO Financial Group and BMO Investments Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
