TORONTO, Feb. 6, 2012 /CNW/ - Russell Investments Canada Limited (Russell) is pleased to announce that Thierry Vallée has been appointed Portfolio Manager, Head of Canadian Equities, with primary responsibility for Russell's Canadian equity and dividend portfolios.
"Thierry's extensive experience in constructing and managing portfolios complements the existing expertise of our highly regarded investment team," said David Feather, President & Chief Executive Officer.
Mr. Vallée has 18 years of investment industry experience, with a strong background in equity strategy research and fund management, as well as multi-asset fund management.
Before joining Russell, Mr. Vallée held a senior role at a large Canadian financial institution, where he was responsible for generating investment insights and undertaking primary research into companies and industries. He has also been a managing director of portfolio strategy, overseeing U.S. and global asset-allocation programs, fund-of-funds portfolios and multi-manager wrap portfolios.
"Thierry's strong quantitative skills and his systematic approach to researching active equity strategies are key strengths that we believe should bode well for Russell's Canadian equity portfolios," said Chief Investment Officer Greg Nott, who leads the Investment Management team. In his new role, Mr. Vallée will be instrumental in the selection of asset strategies and managers for Russell's Sovereign Program and LifePoints Portfolios, which provide investors with customized solutions for their investment goals.
Mr. Vallée joined Russell Investments at the end of January.
About Russell Investments
Founded in 1936, Russell Investments is a global financial services firm that serves institutional investors, financial advisers and individuals in more than 35 countries. The firm has $143 billion in assets under management (as of 12/31/11) in its mutual funds, retirement products, and institutional funds.
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