IA Clarington appoints Radin Capital Partners to global mandates

TORONTO, Nov. 28, 2011 /CNW/ - IA Clarington Investments Inc. ("IA Clarington" or the "Company") today announced that Brad Radin and Radin Capital Partners Inc. ("Radin Capital Partners") will assume lead portfolio sub-advisory responsibility for IA Clarington Global Equity Fund, IA Clarington Global Equity Class and IA Clarington Global Small Cap Fund on November 30, 2011. Segregated fund options will be available through the IA Clarington GIF and IA Ecoflextra programs.

Mr. Radin is well known to the Canadian investment community with an award-winning track record and over 18 years of investment industry experience. 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.

"The appointment of Brad Radin and Radin Capital Partners is in keeping with our philosophy of engaging experienced managers with active, benchmark-agnostic management styles and high-conviction views," said David Scandiffio, President of IA Clarington. "IA Clarington is firmly committed to providing our clients with access to portfolio sub-advisors who have proven track records of outperformance."

"Today's global equity markets are volatile from a historical standpoint, helping to create some outstanding investment opportunities among the thousands of stocks which are often overlooked by funds in the global equity space," said Mr. Radin. "The unique global investment style applied by Radin Capital Partners gives investors access to these opportunities."

The investment strategies of the Funds have been amended to reflect Mr. Radin's investment philosophy. Because the Funds will follow substantially similar investment strategies, IA Clarington intends to explore a consolidation of mandates in 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 $9.9 billion in assets as at September 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:

Tim Foran
Account Executive
Equicom, a TMX Group Company
(416) 815-0700 ext. 251

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