OceanRock adds 3 sub-advisors

By Staff | April 9, 2013 | Last updated on April 9, 2013
1 min read

OceanRock Investments Inc. announced that Aegon Capital Management Inc. and Fiera Capital Corporation will take over the sub-adviser role of the Meritas Canadian Bond Fund.

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“Our team of experts performed a diligent search to find who we believe are the best managers to enhance yield and mitigate risk for our investors,” says Fred Pinto, CEO, OceanRock Investments Inc. “With a credit mandate now added to the bond fund, this presents an attractive, diversified opportunity for investors struggling to find yield elsewhere.”

Aegon will also take on the role of sub-adviser of the Meritas Money Market Fund. Sionna Investment Managers Inc., with $3.4 billion in total assets under administration, has been appointed sub-adviser of the OceanRock Canadian Equity Fund.

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“Flexibility and opportunities for yield enhancement remain paramount to investors during this continuing period of historic low interest rates,” says Manmeet Bhatia, chief investment officer, OceanRock Investments Inc. “I believe our investors will be even better positioned over a variety of different interest rate scenarios.”

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The staff of Advisor.ca have been covering news for financial advisors since 1998.