Barometer Hires Paul Campbell and James Brennan to Bolster its Research and Derivatives Expertise

TORONTO, Feb. 3, 2014 /CNW/ - Barometer Capital Management Inc. ("Barometer") today announced two new leadership appointments that will further it's strategic growth initiatives.

Paul Campbell has been appointed Head of Research, and will be responsible for leading Barometer's global research activities. Paul brings a wealth of experience, including 24 years at BMO Capital Markets in Toronto, most recently as Managing Director, Canadian Equity Research. Paul's track record in formulating security recommendations and his commitment to a rigorous research process will enhance Barometer's selection and coverage of its universe of 60,000 stocks.

Joining Barometer from TMX Shorcan, James Brennan has been appointed to the role of Head of Fixed Income. James' career spans over 24 years in credit and fixed income, both in Canada and in the United States where he honed his skills with high profile financial institutions including Solomon Brothers, BMO and JP Morgan. While at TMX Shorcan he created an international fixed income derivative platform. His expertise will help broaden Barometer's access to international investment opportunities across its portfolios.

Commenting on Mr. Brennan's and Mr. Campbell's appointments, Greg Guichon, Chairman and Chief Portfolio Manager of Barometer said: "Our ability to attract top talent is a nod to our unprecedented growth since our inception in 2006. Paul and James' expertise will make a significant contribution to our portfolio management team and help propel Barometer into its next phase of strategic growth as well as bring new investment opportunities to our clients."

About Barometer Capital Management Inc.

Barometer Capital Management Inc. is a Canadian-owned discretionary investment management firm with a wide range of investment products and services, including separately managed accounts, the Barometer Private Pools, the Barometer Group of Funds and investment advisory services to broker/dealers via an investment management platform. Barometer managed approximately $2.5 billion as of January 6, 2014. www.barometercapital.

Certain statements included in this press release constitute forward-looking statements, including, but not limited to, those identified by the expressions ''expect", ''intend", "will" and similar expressions to the extent that they relate to Barometer. These forward-looking statements are not historical facts but reflect Barometer's current expectations regarding future results or events.  These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Barometer believes that the assumptions inherent in these forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Barometer does not undertake any obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this  information, except as required by law.

SOURCE: Barometer Capital Management Inc.

For further information:

Charlie Cummings
Senior Vice President, Business Development
Barometer Capital Management Inc.
[phone]