TORONTO, Jan. 26, 2016 /CNW/ - In an effort to enhance the investment experience of clients, Invesco Canada announced changes to the structure of its Trimark Canadian Equities team. Effective today, the team will be split into two distinct groups while retaining the highly collaborative Trimark investment philosophy.
The Canadian Equity team will be led by Alan Mannik and Clayton Zacharias, both Vice Presidents of Trimark Investments, while the Canadian Equity Income team will be led by Brian Tidd, Vice President, Trimark Investments.
Combined, Trimark Investments will include 13 investment professionals focused on Canadian equities, who also leverage the knowledge and expertise of the 19-member Trimark Global Equities and Fixed-Income teams.
As a result of this change, Invesco is pleased to appoint Mr. Mannik as lead manager of Trimark Canadian Fund/Class and Invesco Select Canadian Equity Fund, replacing Ian Hardacre in this role. Mr. Mannik will be supported by Mr. Zacharias and Mark Uptigrove on these funds.
Mr. Mannik is currently lead manager for Trimark Select Balanced Fund and Trimark Canadian Opportunity Fund/Class, and Mr. Zacharias and Mr. Uptigrove will also join him on these funds.
The Canadian Equity team, consisting of three established portfolio managers, Mr. Mannik, Mr. Zacharias and Mr. Uptigrove and a pool of four analysts, will be responsible for:
- Trimark Income Growth Fund
- Trimark Canadian Endeavour Fund
- Trimark Canadian Fund/Class
- Invesco Select Canadian Equity Fund
- Trimark Select Balanced Fund
- Trimark Canadian Opportunity Fund/Class
The Canadian Equity Income team of Mr. Tidd and Eric Mencke will be responsible for:
- Trimark Diversified Yield Class
- Trimark Canadian Plus Dividend Class
Mr. Hardacre, Head of Canadian Equities, will help transition the portfolios to the new team before leaving Invesco Canada to pursue other interests. Over the past 18 years, Mr. Hardacre has been a consistently strong advocate of the Trimark discipline and a key contributor to the culture of the firm. He has played a significant role in the development of talent, building a great team and instilling the values of collaboration and accountability. We thank him for his past service and wish him the best in his future endeavours.
For more information, please visit www.invesco.ca. You can also connect with Invesco Canada on Twitter (@InvescoCanada), LinkedIn or Facebook, and get insights from the Trimark portfolio managers on the Trimark Investments blog.
About Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's leading investment management companies. A subsidiary of Invesco Ltd., Invesco Canada's singular focus is on investment management, offering a diversified suite of solutions to institutions, organizations, companies and individual investors across Canada and around the world. Additional information is available at www.invesco.ca.
About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the simplified prospectus before investing. Copies are available from your advisor or Invesco Canada Ltd.
* Invesco®, Platform Traded FundTM, PTFTM and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. PowerShares®, Leading the Intelligent ETF Revolution®, and all associated trademarks are trademarks of Invesco PowerShares Capital Management LLC (Invesco PowerShares), used under licence. Trimark®, Knowing pays® and all associated trademarks are trademarks of Invesco Canada Ltd.
© Invesco Canada Ltd., 2016
SOURCE Invesco Canada Ltd.
For further information: Aysha Mawani, Vice President, Corporate Affairs, Tel: 416.324.7712, [email protected]