Home Breadcrumb caret Industry News Breadcrumb caret Industry Russell adds Clarivest Canadian Equity Pool, Fund Russell Investments has appointed Clarivest Asset Management LLC as a sub-adviser for the Russell Canadian Equity Pool and the Russell Canadian Equity Fund. ClariVest will manage a 17% target weighting in the fund and pool. By Staff | January 9, 2012 | Last updated on January 9, 2012 1 min read Russell Investments has appointed Clarivest Asset Management LLC as a sub-adviser for the Russell Canadian Equity Pool and the Russell Canadian Equity Fund. ClariVest will manage a 17% target weighting in the fund and pool. This makes Russell the only firm to offer both retail and institutional investors’ access to ClariVest’s Canadian equity products. “ClariVest’s strategy seeks to capture excess return potential created by investors’ under-or over-reaction to changes in growth and contraction cycles,” said Greg Nott, Chief Investment Officer, Russell Investments Canada. “The portfolio structure is expected to lower the fund’s/pool’s market sensitivity, improve portfolio diversification while lowering style-factor risks, and increase the product’s overall expected alpha.” The fund’s general investment objectives, strategies and risk profile will remain consistent with the fund’s description as it appears in the prospectus. Russell says portfolio characteristics such as market capitalization, valuation and sector exposure relative to the benchmark will not be materially altered. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo