New Retail Trade Name for Brandes in Canada Captures Combination of
Three High-caliber Asset Managers
TORONTO, May 30, 2013 /CNW/ - Presenting Bridgehouse Asset Managers
(Bridgehouse) - the new retail trade name for Brandes Investment Partners & Co. (Brandes) and a
powerful signal of the expanded offering of high-calibre investment
solutions from three world-class asset managers.
Bridgehouse provides access to investments from Brandes Investment
Partners. L.P. (Brandes LP), Sionna Investment Managers Inc. (Sionna)
and Lazard Asset Management (LAM). Operating from Brandes' Toronto
offices, Bridgehouse will provide investment solutions and services to
Canadian investors and financial advisors.
"Bridgehouse offers robust solutions from three world-class asset
managers: Brandes LP, Sionna and LAM," says Bridgehouse President and
COO, Carol Lynde. "The Bridgehouse brand creates a powerful distinction
between the investment management of our solutions and our marketing
efforts in Canada. Bridgehouse is about providing direct access - the
bridge - to these managers to financial advisors and their clients."
Bridgehouse branding is reflected in the firm's new website, www.bridgehousecanada.com, as well as in marketing efforts and investor reporting in combination
with Brandes LP, Sionna and LAM branding.
As a related element of this branding reorganization, effective May, 29,
2013 the family of prospectus qualified mutual funds known as the
Brandes Funds are re-captioned as the Bridgehouse Funds and the
following specific mutual fund name changes are made:
Current Fund Name
New Fund Name
Brandes Sionna Canadian Equity Fund
Sionna Canadian Equity Fund
Brandes Sionna Canadian Balanced Fund
Sionna Canadian Balanced Fund
Brandes Sionna Monthly Income Fund
Sionna Monthly Income Fund
Brandes Sionna Canadian Small Cap Equity Fund
Sionna Canadian Small Cap Equity Fund
Brandes Sionna Diversified Income Fund
Sionna Diversified Income Fund
Note that there is no change to the investment objectives or strategies
of these or any of the Bridgehouse Funds.
"Bridgehouse Asset Managers has established a unique and collaborative
model that is enduring and trustworthy," says Brandes CEO Oliver
Murray. "We have built a solid, proven structure that creates the
stability investors and advisors are seeking by aligning the long-term
interests of all parties. We believe 'Bridgehouse' properly captures
the enduring nature of our relationships with Sionna and LAM."
More information about Bridgehouse Asset ManagersTM is available from: www.bridgehousecanada.com.
About Brandes Investment Partners & Co.
Brandes Investment Partners & Co. is the Toronto-based manager of the
Bridgehouse Funds and affiliate of Brandes Investment Partners, L.P.,
of San Diego, California (Brandes), which is a sub-advisor to certain
Bridgehouse Funds. Brandes is a leading global investment advisory
firm, managing assets for institutional and private clients worldwide,
including assets for Canadians in separate accounts, wrap, private
client investors and through the Bridgehouse Funds. Bridgehouse Asset
ManagersTM is a trade name of Brandes Investment Partners & Co. For more
information on Brandes Investment Partners & Co., visit: www.bridgehousecanada.com.
About Sionna Investment Managers
Sionna Investment Managers is an active Canadian value manager,
specializing in a relative value approach that takes into account
Canada's overweighting in cyclical and resource stocks. Sionna's
relative value approach aims for diversification to balance out market
skews and offer downside protection for clients. Sionna invests on
behalf of institutional clients, such as foundations, endowments and
pension funds and separately managed accounts for high net worth
individuals. For more information, visit www.sionna.ca.
About Lazard Asset Management
LAM Canada and LAM LLC are indirect subsidiaries of Lazard Ltd (NYSE:
LAZ), one of the world's preeminent financial advisory and asset
management firms. Lazard operates from 40 cities across 26 countries in
North America, Europe, Asia, Australia, Central and South America. With
origins dating back to 1848, the firm provides advice on mergers and
acquisitions, strategic matters, restructuring and capital structure,
capital raising and corporate finance, as well as asset management
services to corporations, partnerships, institutions, government and
individuals. As of March 31, 2013 LAM and affiliated asset management
companies managed US$ 172 billion worth of client assets. For more information on Lazard, please visit www.lazard.com.
Brandes Investment Partners & Co. operating as Bridgehouse Asset
Managers (Bridgehouse) is the manager of the Bridgehouse Funds. Units
of the Bridgehouse Funds are available through registered dealers only
and not available through Bridgehouse. Commissions, trailing
commissions, management fees and expenses all may be associated with
mutual fund investments. Please read the prospectus before investing.
Mutual funds are not guaranteed, their values change frequently and
past performance may not be repeated.
SOURCE: Bridgehouse Asset Managers
For further information:
Bridgehouse Asset Managers
H2 Central Marketing and Communications