Launches the CQI Income Opportunities Fund
TORONTO, June 6, 2013 /CNW/ - GMP Capital Inc. (GMP) (TSX:GMP) today
announced that it is changing the name and brand of its asset
management business to CQI Capital Management L.P. (CQI), effective
immediately. The new corporate name and brand underscores the
strategic repositioning of the business and the alignment of its
mandate with the franchise-building efforts of GMP's business partners
at Richardson GMP Limited. In conjunction with the rebranding, the
GMPIM Equity Opportunities Funds has been renamed the CQI Equity
"The rebranding initiative is a strategic component to CQI's evolution,
which clearly communicates the drivers of CQI's investment management
process - Cyclical and Quantitative Investing," said Dan McClure, Chief
Executive Officer, CQI. Mr. McClure continued "With an experienced team
of investment professionals with proven track records of performance,
we are looking confidently at the future and our prospects for growth."
Concurrently, CQI also announced the launch of the CQI Income
Opportunities Fund, an equity-focused income fund which seeks to
provide investors with stable returns while effectively reducing
downside volatility and a view toward wealth preservation. The fund's
investment strategy will be opportunity led, targeting a broad set of
securities across the North American equity investment universe.
Commenting on the launch of the CQI Income Opportunities Fund, Mr.
McClure said, "The combination of our depth of expertise together with
CQI's proprietary investment process and robust risk management
represents an ideal platform to identify and capitalize on a wide set
of investment opportunities that we believe exist in North American
Under the leadership of Chief Executive Officer Dan McClure, CQI will
remain focused on providing unique and differentiated investment
management products and services to high-net-worth individuals and
institutional investors. CQI follows a unique macro-driven,
quantitatively-informed investment process that is supported by a
fundamental due diligence approach for security selection and an
integrated and comprehensive risk management process.
As previously announced, CQI continues to manage the CQI Equity
Opportunities Funds and the Genesis Partners Fund LP, ensuring that
investors in those funds continue to benefit from the same management
team that is currently overseeing their assets.
"We are fortunate to have GMP as a strategic partner, which will allow
CQI to operate independently within the framework of a much larger
organization that offers scale and strength to our business," said
McClure. "We are also energized by the prospect of working closely
with Richardson GMP to identify opportunities to develop customized
investment offerings for their extensive and sophisticated
ABOUT CQI CAPITAL MANAGEMENT L.P.
CQI Capital Management L.P. (CQI) is an asset management firm focused on
providing unique and differentiated investment management products and
services to high-net-worth individuals and institutional investors.
CQI and its team of experienced investment professionals follow a
disciplined investment process with a goal to provide investors with
superior risk-adjusted returns through all phases of the business
cycle. CQI draws on expertise in equities, commodities, fixed income,
currencies and the derivative markets to deliver investment solutions
designed to meet the diverse needs of investors. CQI is registered as
an Exempt Market Dealer, Commodity Trading Manager, Portfolio Manager
and Investment Fund Manager with the Ontario Securities Commission and
is registered as an Exempt Market Dealer with all provincial securities
commissions. CQI is a majority-owned subsidiary of GMP Capital Inc.
(TSX:GMP), a leading independent diversified financial services firm
headquartered in Toronto, Canada. For further information, please
ABOUT GMP CAPITAL INC.
GMP Capital Inc. (GMP) is a leading independent diversified financial
services firm headquartered in Toronto, Canada, providing a wide range
of financial products and services to a global client base that
includes corporate clients, institutional investors and high-net-worth
individuals in two integrated reporting segments. The Capital Markets
segment provides investment banking, including advisory and
underwriting services, institutional sales and trading and research
through offices located in Toronto, Montreal, Calgary, New York, Miami,
Dallas, London, Perth and Sydney. The Capital Markets segment conducts
its business through the following operating entities: GMP Securities
L.P., GMP Securities, LLC, Griffiths McBurney Corp., GMP Securities
Europe LLP and GMP Securities Australia Pty Limited. Wealth Management
consists of GMP's non-controlling ownership interest in Richardson GMP
Limited and the investment management and alternative investment
products provided by CQI Capital Management L.P. Richardson GMP
Limited is a full-service independent firm focused on providing
exclusive and comprehensive wealth management and investment services
delivered by an experienced team of investment professionals. GMP is
listed on the Toronto Stock Exchange under the symbol "GMP". For
further information, please visit our corporate website at gmpcapital.com.
SOURCE: GMP Capital Inc.
For further information:
GMP Capital Inc.
Rocco Colella, Director, Investor Relations
145 King Street West, Suite 300, Toronto, Ontario M5H 1J8
Tel: (416) 941-0894; Fax: (416) 943-6175
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