IA Clarington strengthens its global line-up through an exclusive agreement with Radin Capital Partners

TORONTO, Sept. 19, 2011 /CNW/ - IA Clarington Investments Inc. ("IA Clarington" or the "Company") has entered into an exclusive agreement with Radin Capital Partners Inc. ("Radin Capital Partners") to serve as a sub-advisor for three of its global equity mandates. This agreement will result in Brad Radin assuming lead portfolio management responsibility for IA Clarington Global Equity Fund, IA Clarington Global Equity Class, and IA Clarington Global Small Cap Fund on or after November 1, 2011 (subject to regulatory and other approvals).

Mr. Radin, an award-winning manager with over 18 years of investment industry experience, is already well known to the Canadian investment community. Before founding Radin Capital Partners in June of 2011, he was a portfolio manager with the Templeton Global Equity Group for more than 15 years and managed over $3.5 billion in assets. Mr. Radin left Templeton in February 2011.

"IA Clarington is firmly committed to providing our clients with access to portfolio managers who have proven track records of outperformance. The appointment of Brad Radin and Radin Capital Partners is in keeping with our philosophy of engaging experienced managers with active management styles and high-conviction views," said David Scandiffio, President of IA Clarington. "As the global investment landscape continues to evolve, I believe Canadian investors should be given increased access to the broad range of investment opportunities that exist outside our borders. Radin Capital Partners is uniquely positioned to offer access to some of the strongest global investment opportunities based on the company's disciplined investment philosophy, which has been honed over almost two decades."

"Today's global equity markets are volatile from a historical standpoint, helping to create some outstanding investment opportunities. The key is finding the strongest global opportunities through a proven research process," said Mr. Radin. "A diversified portfolio of well chosen global companies can help investors position themselves to make the most of today's market opportunities. IA Clarington offers an ideal platform for Radin Capital Partners' unique global investment style, and the Radin Capital team is tremendously excited to be working with one of Canada's fastest-growing mutual fund companies."

This agreement is subject to conditions, including Radin Capital Partners becoming registered as a portfolio manager with the applicable securities regulatory authorities and satisfactory due diligence by IA Clarington being completed between November 1, 2011, and February 28, 2012.

About IA Clarington

IA Clarington Investments Inc., a subsidiary of Industrial Alliance Insurance and Financial Services Inc., markets a wide range of investment products, including mutual funds and segregated funds managed by leading portfolio advisors. The company's philosophy is to select outstanding money managers from across Canada and around the world to manage its funds. IA Clarington managed more than $10.6 billion in assets as at June 30, 2011. www.iaclarington.com

About Radin Capital Partners

Radin Capital Partners is an independent investment management firm founded in 2011 to provide sophisticated investors with a high-performing global equity mandate for their long-term portfolios. Radin Capital Partners manages value-focused investment portfolios of small- to mid-capitalization companies from around the globe. The Radin Capital Partners team adheres to a focused, high-conviction investment approach that seeks to produce strong long-term absolute returns.

SOURCE IA Clarington Investments Inc.

For further information:

Crystal Quast
Senior Director, Media Relations
Equicom, a TMX Group Company
(416) 815-0700 ext. 252
CQuast@equicomgroup.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890