TSX Symbol: CIX
TORONTO, Oct. 6, 2014 /CNW/ - CI Investments Inc. ("CI") today announced the appointment of Portfolio Manager Robert Lyon, a highly regarded specialist in the natural resource sectors, to the Signature Global Asset Management team.
Mr. Lyon will assume the title of Senior Vice-President, Portfolio Management and be responsible for Signature's resource-focused funds as well as the domestic and foreign natural resource equity holdings within other Signature funds, effective on or before January 1, 2015. He will be named Lead Portfolio Manager of Signature Global Resource Fund, Signature Global Resource Corporate Class, Signature Global Energy Corporate Class and Signature Gold Corporate Class.
The appointment marks Mr. Lyon's return to CI and Signature. He was a key member of Signature from 1999-2006, during which time he was Portfolio Manager of the Signature Global Resource and Signature Global Energy funds.
"We are very pleased to welcome Bob back to CI," said Derek J. Green, CI President. "He is one of the leading resource portfolio managers in Canadian asset management and his extensive experience in securities research and selection will benefit the entire Signature team."
Mr. Lyon has over 21 years of investment industry experience. Most recently, he was lead manager of the resource portfolios at another Canadian investment company since 2008. He started his career as a research analyst at investment dealers ScotiaMcLeod and Lévesque Beaubien Geoffrion and at fund manager I.A. Michael Investment Counsel. In 1997, Mr. Lyon joined BPI Mutual Funds, where he assumed responsibility for its resource fund, before joining CI two years later. He holds a bachelor of commerce degree from Carleton University and the Chartered Financial Analyst designation.
Signature Global Asset Management manages over $50 billion in a diverse lineup of equity, balanced and income-oriented funds, and is CI's largest in-house portfolio management group. The team has been the recipient of 15 Morningstar Awards and 17 Lipper Fund Awards since 2001.
About CI – Canada's Investment Company
CI Investments Inc. is one of Canada's largest investment management companies. CI offers a broad range of investment products and services, including an industry-leading selection of investment funds, and is on the Web at www.ci.com. CI is a subsidiary of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned wealth management firm with $130 billion in assets as of September 30, 2014.
SOURCE: CI Investments Inc.
For further information: Derek J. Green, President, CI Investments, 416-364-1145 or Murray Oxby, Director, Communications, CI Investments, 416-681-3254, [email protected]