Subjects: CON, JVN
Investors Group retains BlackRock - The world's largest asset manager
WINNIPEG, June 11, 2018 /CNW/ - Investors Group's commitment to provide clients with a comprehensive selection of the highest quality sub-advisors from around the world continues as it announces a new relationship with BlackRock Asset Management Canada Limited ("BlackRock Canada").
"Adding the world's largest asset manager once again demonstrates that Investors Group works with industry-leading sub-advisors for the benefit of our clients," said Jon Kilfoyle, Senior Vice-President, IG Investments, Investors Group Financial Services Inc. "BlackRock's world-class investment management capabilities delivers additional choice and value to our clients, helping them pursue their financial goals."
The new arrangement includes BlackRock Canada's Systematic Active Equity (SAE) team which is backed by more than 80 portfolio managers, researchers and strategists. These investment professionals have a diverse set of backgrounds and expertise spanning academia, data science, finance and economics. The group will bring this expertise to iProfile International Equity Pool/Class1.
"BlackRock Canada is proud and excited of our new relationship with Investors Group," said Marcia Moffat, Managing Director and Head of BlackRock Canada. "Our Systematic Active Equity group brings world-class expertise and an approach that we believe will greatly benefit Investors Group clients."
Investors Group focuses on designing managed solutions that are intended to provide superior risk-adjusted returns over the long term for all clients, while providing the highest level of expertise, service and support to the Consultants who serve them.
Headquartered in New York, BlackRock, Inc. operates in more than 30 countries and 70 cities across the Americas, Europe, Asia-Pacific, the Middle East and Africa. Their global presence provides the firm with access to all major capital markets.
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1 The iProfile International Equity Pool and iProfile International Equity Class are available exclusively through the iProfiletm Asset Managed Program. iProfile International Equity Class are shares issued by Investors Group Corporate Class Inc.tm Commissions, fees and expenses may be associated with mutual fund investments and the use of iProfile Managed Asset Program. Read the prospectus and speak to an Investors Group Consultant before investing. Mutual funds are not guaranteed, values change frequently and past performance may not be repeated. Recommendations relate only to Investors Group mutual funds. An asset allocation service, iProfile is a managed asset program for clients investing at least $250,000 into the program. |
Investors Group
Founded in 1926, Investors Group is a national leader in delivering personalized financial solutions to Canadians through a network of Consultants located across Canada. In addition to an exclusive family of mutual funds and other investment vehicles, Investors Group offers a wide range of insurance, securities, mortgage and other financial services. Investors Group has $88 billion in assets under management as of May 31, 2018 and 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 $151 billion in total assets under management as of May 31, 2018.
SOURCE Investors Group Financial Services Inc.
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