Scotia names new private pool managers

Scotia Asset Management has announced portfolio advisor changes for its Scotia Private U.S. Mid Cap Value Pool and Scotia Private Canadian Mid Cap Pool.

Effective on or about October 3, 2011, Cramer Rosenthal McGlynn, LLC will become portfolio advisor to Scotia Private U.S. Mid Cap Value Pool.

New York-based Cramer Rosenthal McGlynn is a leading value-oriented investment firm, CRM managing about $15 billion in assets for corporate and public pension plans, endowments and foundations, as well as individual and family trusts.

Also effective on or about October 3, 2011, Connor, Clark & Lunn Investment Management Ltd. will take over management of the Scotia Private Canadian Mid Cap Pool.

Connor, Clark & Lunn is one of Canada’s largest independent partner-owned money management firms, with over $22 billion in assets under management.

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