TORONTO, June 30 /CNW/ - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company" or the "Company") announced that, effective July 1, 2010, Global Thematic Partners, LLC ("Global Thematic"), a New York based investment management firm, is replacing Deutsche Investment Management Americas Inc. ("Deutsche Americas") as a sub-advisor to Marquis Institutional Global Equity Portfolio (the "Portfolio").
Prior to this change, Deutsche Americas acted as a sub-advisor for a portion of the Portfolio, with Mr. Oliver Kratz as the person with principal responsibility. Global Thematic has retained Mr. Kratz from Deutsche Americas. As such, Mr. Kratz will continue to provide the same investment management services to the Portfolio that he provided while with Deutsche Americas.
The Global Thematic investment management team uses top-down research to identify uncorrelated themes, and then uses bottom-up analysis to select companies with the most attractive growth potential. This approach allows the investment team to invest around the world without any set targets for regions, countries or sectors.
This change has been approved by the Oversight Committee that consists of seasoned investment professionals from Goodman & Company and its parent company, DundeeWealth Inc. The other sub-advisors to the Portfolio remain unchanged and there will be no changes to the investment objectives or investment strategy of the Portfolio at this time.
About Goodman & Company
Goodman & Company is a Canadian asset management company tracing its roots back more than 50 years. Goodman & Company offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds(R), the portfolio solutions of the Marquis Investment Program, the flow-through limited partnerships of CMP(TM) and Canada Dominion and the high-net worth investment counsel of Goodman Private Wealth Management. Goodman & Company is a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW).
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For further information: For further information: Customer Relations Centre, Goodman & Company, Investment Counsel Ltd., 1.800.268.8186 or www.dynamic.ca; Myra Reisler, Manager, Public Affairs, 416.365.5370