MD Physician Services reorients fund investment advisors to drive increased alignment with clients' investment objectives Français
OTTAWA, July 17, 2012 /CNW/ - The Board of Directors of MD Physician Services Inc. (MDPSI) has announced realignment of fund investment advisor responsibilities for several funds and investment pools. These changes have been undertaken as part of MD's commitment to ensure that the funds and pools are best positioned to meet their long-term investment objectives.
"We continuously seek out fund investment advisors who can deliver best-in-class investment solutions to meet the unique needs of physicians and their families," commented Brian Peters, President and CEO. "The multi-manager structure we employ for these funds and pools enables us to deliver comprehensive portfolios, which both minimize risk and increase expected return for our clients."
The following funds and pools will be affected by these changes:
- MD Equity Fund
- MD Select Fund
- MD American Growth Fund
- MD American Value Fund
- MD Private Investment Management Canadian Equity Pool
- MD Private Investment Management US Equity Pool
"These realignments were made after a rigorous evaluation process, which included detailed modeling of multiple alternative scenarios and outcomes," said Chief Investment Officer William R. Horton, Jr., CFA. "We are confident that these solutions improve overall performance expectations in multiple market regimes, and over full market cycles."
About MD Physician Services Inc.
MD Physician Services Inc., with assets under administration in excess of $28 billion as at June 30, 2012, is dedicated to serving the financial and practice needs of its physician and family member clients through a comprehensive offering of products and services.
MD Physician Services Inc. is wholly owned by CMA Holdings (2009) Incorporated. More information can be found at md.cma.ca.
Siobhaun Williams, 1 800 663-7336, ext. 4562.
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