London Life and Mackenzie introduce investment tool, fund family

London Life and Mackenzie Investments are launching a new mutual fund family and goals-based asset management program, the firms said Thursday.

London Life Constellation Managed Portfolios is a program to help Freedom 55 Financial advisors align their clients’ investments with their financial priorities, a release said. It features a digital tool for risk assessment and automated rebalancing for each financial goal.

The program personalizes investing, said Sam Sivarajan, senior vice-president, wealth solutions, at Great-West Life, London Life and Canada Life, in a statement.

“Through Constellation, we are helping advisors redefine the way that they work with their clients to help them achieve their financial goals.”

The program launched Thursday in select markets with a staggered national launch next year.

New mutual fund family

The London Life Pathways Funds is a new mutual fund family managed by Mackenzie Investments and offered through Quadrus Investment Services Ltd. focusing on “pure asset class mandates,” the release said.

See the list of 14 funds and corresponding portfolios advisors in the release here.

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