Norman Raschkowan named Chief Investment Officer at Mackenzie Investments

    TORONTO, Oct. 12 /CNW/ - Mackenzie Financial Corporation ("Mackenzie
Investments") today announced that Norman Raschkowan has been hired as
Executive Vice President and Chief Investment Officer of the company,
effective October 22, 2007.
    Mr. Raschkowan joins Mackenzie Investments from Standard Life Investments
Inc. in Montreal where he served as Chief Investment Officer.
    "Norman is a proven leader who will play a key role in the investment
division at Mackenzie Investments," said Charles R Sims, its Chief Executive
Officer. "His demonstrated track record in long-term investment performance,
client service and managing a team of investment professionals make him a
strong addition to our management team."
    Over his career, Mr. Raschkowan has held progressively senior roles in
the fixed income and equity investment areas, including as head of Canadian
and U.S. equity investment teams and most recently as Chief Investment
Officer. He has a Finance degree and MBA in International Business and Real
Estate from McGill University, and is a member of the CFA Institute.

    Mackenzie Investments: Mackenzie Investments was founded in 1967, and is
a leading investment management firm providing investment advisory and related
services. With $63.5 billion in assets under management, Mackenzie Investments
distributes its services through a diversified network of third-party
financial advisors. 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 $124 billion in total assets under

For further information:

For further information: Catharine Marion, Environics Communications
Inc., (416) 969-2809,

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