Invesco reshuffles, Anderson departs

By Staff | August 19, 2011 | Last updated on August 19, 2011
1 min read

Invesco has announced the departure of chief investment officer Graham Anderson, with the company shifting its focus to an “investor-led team approach” to fund management.

“We thank him for his contributions to our organization and wish him well in his future endeavours,” said Peter Intraligi, president and chief operating officer of Invesco Canada. “This structural evolution is consistent with the collaborative, investor-led team-based approach Invesco uses across the globe.”

The new focus entails the expansion of its team of senior portfolio managers with the recent appointment of Trimark Fund manager Dana Love as Head of global equities.

Love joins a team of four portfolio managers comprising Rex Chong, head of fixed income; Ian Hardacre, head of Canadian equities; Michael Hatcher, director of research; Rob Mikalachki, head of small-cap equities.

Each of these individuals retains responsibility for managing their existing portfolio and team, while assuming overall leadership responsibility for the Trimark investment discipline. The leadership team will oversee 23 investment professionals and will report to Intraligi.

“Dana’s appointment completes the implementation of the thoughtful approach we defined late last year to further leverage the experience and expertise of these five key members of our investment management team in Toronto,” said Intraligi. “Working together as the investment leadership team, Rex, Ian, Michael, Rob and Dana will build on the 30-year heritage of the Trimark investment discipline, managing the investment platform in a way that continues to put the best interests of our investors first.”

Advisor.ca staff

Staff

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