TORONTO, Aug. 20, 2014 /CNW/ - Mackenzie Investments announced today that Mark Grammer, Senior Vice President, Investment Management, will become sole lead of the Mackenzie Growth Team at year's end. Ian Ainsworth, who has co-led the team with Mr. Grammer and dedicated 10 years of service to Mackenzie Investments, will be leaving the firm at the end of the year to pursue other interests.
"Ian has been a valued colleague and made a tremendous contribution to building our world-class capabilities in growth investing," said Tony Elavia, Chief Investment Officer. "We wish him well in his future endeavours."
Mr. Ainsworth will work closely with his colleagues to ensure a smooth transition. Over the years, both he and Mr. Grammer have assembled a highly talented growth team, including portfolio managers Phil Taller and Chuck Bastyr, and analysts Klara Gotz, Natasha Dowding and John Lumbers.
Mr. Ainsworth will remain co-manager with Mr. Grammer of Mackenzie Growth Fund, Mackenzie Global Growth Class and Mackenzie US Growth Class and contributing manager to Mackenzie Canadian Concentrated Equity Fund until year's end when Mr. Grammer will assume Mr. Ainsworth's responsibilities. The funds will continue to be managed using the same investment strategy and processes currently employed.
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $71.1 billion in assets under management as at July 31, 2014, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $142 billion in total assets under management as at July 31, 2014. For more information, visit mackenzieinvestments.com.
SOURCE: Mackenzie Investments
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