TORONTO, Nov. 4, 2013 /CNW/ - ING DIRECT Asset Management Limited (ING DIRECT), the manager of the ING DIRECT Streetwise Portfolios™, today announced a portfolio adviser change for its funds.
Effective today, State Street Bank and Trust Company (State Street) will become a portfolio adviser to the ING DIRECT Streetwise Portfolios.
ING DIRECT expects the appointment of State Street will enable a smooth transfer of responsibilities and continuity of investment management for the funds.
About ING DIRECT Asset Management Limited
ING DIRECT Asset Management Limited exclusively offers ING DIRECT Streetwise Portfolios. ING DIRECT Asset Management Limited has been operating in Canada since 2008 and has over $1 billion in assets under management. ING DIRECT Asset Management Limited is a wholly owned subsidiary of ING Bank of Canada
ING Bank of Canada and its subsidiaries have been acquired by The Bank of Nova Scotia and are no longer affiliated with ING Groep N.V. The trademarks ING, ING DIRECT, ING Lion, the ING Lion logo and any derivation, variation, translation or adaptation thereof are trademarks of ING Groep N.V. and are used under license.
™ Streetwise Portfolios is a trademark of ING Bank of Canada
SOURCE: ING DIRECT
For further information: