TORONTO, March 3 /CNW/ - AIM Trimark Investments today announced that
Bruce Harrop will assume lead management responsibilities of Trimark Select
Growth Fund/Class effective immediately. Evelyn Huang will continue as
co-manager, Richard Jenkins will be leaving the organization.
"While we recognize Richard's contribution and are disappointed to see
him leave, his departure speaks to the success of the Trimark philosophy in
the marketplace and validates how sought after it remains to this day." said
Peter Intraligi, Chief Operating Officer at AIM Trimark. "Over the past 26
years, as part of the natural course of business, we have seen portfolio
managers come and go, but our unwavering adherence to our discipline,
continuous mentorship of investment managers and our commitment to investors,
has sustained our legacy of solid long-term performance."
Mr. Harrop is a veteran of the Trimark discipline. As a portfolio manager
of Trimark Global Balanced Fund since 2004, he has been a major contributor to
its long-term success. The Fund was recognized in three successive years (2004
- 2006) as Best Global Balanced Fund by the Canadian Investment Awards, and
was runner-up in 2007. Prior to joining AIM Trimark in 1999, Mr. Harrop worked
as a portfolio manager for Ontario Teachers' Pension Plan Board. He received
an electrical engineering degree from the University of Alberta and an MBA
from the University of Western Ontario. He is also a Chartered Financial
AIM Trimark also announced that as a result of Mr. Harrop's added
responsibilities, award-winning Jeff Hyrich, lead manager of Trimark Global
Endeavour Fund will replace Mr. Harrop on Trimark Fund. Mr. Hyrich will
co-manage the Fund with current lead manager, Dana Love.
"I will miss working alongside many of the brightest investment
professionals in Canada," said Richard Jenkins. "Unitholders can rest assured
that their money remains in very capable hands."
AIM Trimark Investments is one of Canada's largest investment management
companies, with approximately C$45 billion(*) in assets under management. A
subsidiary of Invesco Ltd., which is among the world's largest independent
global investment managers, AIM Trimark offers a diversified suite of
investment solutions to institutions, organizations, companies and individual
investors across Canada and around the world. Invesco Ltd. has approximately
US$500 billion(*) in assets under management and is listed on the New York Stock
Exchange with the symbol "IVZ." Invesco Ltd. has over 5,300 employees and
operates in 20 countries worldwide.
(*)As at December 31, 2007
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