CALGARY, Alberta, Sept. 26, 2018 (GLOBE NEWSWIRE) -- Effective September 30, 2018, Steven Visscher, CFA, will assume the role of co-manager of the Mawer Balanced Fund, the Mawer Global Balanced Fund, and related strategies. Mr. Visscher, an investment counsellor for private clients with nearly 20 years of experience, has worked closely with Greg Peterson, CFA, lead manager of the funds and strategies, since joining the firm in 2005. Mr. Peterson will remain lead manager of both strategies.
Mr. Visscher will also be joining lead manager, Travis Goldfeldt, as co-manager of the Mawer Tax Effective Balanced Fund. Craig Senyk will be stepping down as co-manager of the Fund in order to focus on his role of president effective January 1, 2019.
Asset Mix Committee updates
The Asset Mix Committee is responsible for asset mix decisions related to balanced mandates using inputs from all asset classes, and benefits from the broad expertise of our portfolio management team as a whole.
The following changes to the Asset Mix Committee are effective September 30, 2018:
| Asset Mix Committee prior to 09-30-2018 | Asset Mix Committee effective 09-30-2018 |
| Greg Peterson (Chair) | Greg Peterson (Chair) |
| Michael Crofts | Paul Moroz (or CIO delegate) |
| Kara Lilly | James Redpath |
| Steven Visscher |
James Redpath, co-manager of the firm’s global bond and Canadian bond strategies, Steven Visscher, co-manager of the balanced, tax effective balanced, and global balanced strategies (see above), and Paul Moroz (or CIO delegate) will join the firm’s Asset Mix Committee. Michael Crofts will be relinquishing his Asset Mix Committee duties as of September 30, 2018, and Kara Lilly left the firm June 21, 2018 in order to pursue other opportunities.
About Mawer Investment Management Ltd.
Mawer is an independent investment firm managing portfolios for a broad range of foundations and not-for-profit organizations, pension plans, strategic alliances and individual investors for over 40 years. The firm manages in excess of $50 billion across all major asset classes. More information on the firm is available at www.mawer.com.
For more information:
Allison Webb
Chief Marketing Officer
+1 403 776 1124
awebb@mawer.com