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Scotia Global Asset Management has named Jason Gibbs as co-head of its equity team, the firm said in a release on Thursday.

Gibbs, vice-president and senior portfolio manager, will join Oscar Belaiche, senior vice-president and portfolio manager, in co-leading the equity income team, the release said.

The team manages nearly $50 billion in assets across the ScotiaFunds and Dynamic Funds brands, and Gibbs is an original team member.

“We are pleased to welcome Jason Gibbs back to our equity income team,” said Neal Kerr, head of Scotia Global Asset Management (Canada), in a release. “He is highly respected, has an enviable track record, and his intimate understanding of the equity income team’s philosophy and process will help continue to deliver strong results for our clients.”

Gibbs will be co–portfolio manager on a number of funds as of Jan. 1, the release said.