TORONTO, Sept. 22, 2011 /CNW/ - Mackenzie Financial Corporation (Mackenzie Investments) today announced
that effective on or about October 1, 2011, the Mackenzie Sentinel
investment team will be appointed to manage the fixed income portion of
Mackenzie Universal Canadian Balanced Fund.
Bluewater Investment Management will continue to manage the equity
portion of the Fund. The change allows the Sentinel investment team to
leverage its existing fixed income capabilities, while enabling the
Bluewater team to focus on their core strength of Canadian equities.
Steve Locke, Sentinel investment Team Lead, will have lead portfolio
management responsibility for the fixed income mandate. Steve has over
17 years of investment experience working with both institutional and
retail bond portfolios. Together, the Sentinel team has great depth
and breadth of experience in government, corporate, high yield, money
market and other fixed income investments. Steve and his team currently
manage more than $13 billion in Mackenzie fixed income assets.
Mackenzie Investments: Mackenzie Investments was founded in 1967, and is a leading investment
management firm providing investment advisory and related services.
With $65.0 billion in assets under management as of August 31, 2011,
Mackenzie Investments distributes its services through a diversified
network of third-party financial advisors. Mackenzie Investments is a
member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM
Financial is one of Canada's premier financial services companies with
over $123 billion in total assets under management as of August 31,
2011. For more information, visit www.mackenziefinancial.com.
SOURCE Mackenzie Investments
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