The Bridgehouse Independent Platform Offers Access to Greystone Growth Portfolio Based on Established, Top-Ranked Institutional Mandate Français
New All-Weather, Global Growth Portfolio Available to Retail Investors
TORONTO, May 9, 2016 /CNW/ - Bridgehouse Asset Managers is expanding its partnership with Greystone Managed Investments Inc. with the launch of a new global equity growth portfolio based on an existing institutional Global Equity Pooled Fund ranked #1 by the Mercer LLC Pooled Fund Survey for Canadian Institutional Investors for performance in the institutional global equity category as at December 31, 2015.* The Greystone Global Equity Fund is concentrated with 40 to 80 of Greystone's best stock ideas from around the world. The Fund is available in a currency hedged or unhedged series.
"Investors want an all-weather growth investment that remains more consistent in both rising and falling market environments," says Carol Lynde, President and Chief Operating Officer of Bridgehouse. "Greystone is well-respected in the institutional world for their risk consciousness and demonstrated ability to perform consistently."
Greystone Senior Vice-President, International Equities, Jeff Tiefenbach says of the new fund: "Our goal for the Greystone Global Equity Fund is to outperform the market over 3-5 years with a more consistent pattern of returns compared to other growth-style options. To do that, we seek out companies that have demonstrated superior earnings growth, positive business momentum and sustainable profitability while ensuring that we do not overpay for these growth characteristics."
*The Greystone Global Equity Pooled Fund ranked #1 in Canada, having the best 4-year average annual return for the period ending 31 December 2015 among funds included in the © Mercer LLC Pooled Fund Survey for Canadian Institutional Investors. The Global Equity Pooled Fund moved from a fund-of-fund managed strategy to a segregated security managed strategy on December 17, 2013. Past performance is not a guarantee of future performance. |
About Bridgehouse Asset Managers:
Bridgehouse Asset Managers is an independent, multi-manager platform offering investment solutions from managers with institutional roots. Bridgehouse, a trade name of Brandes Investment Partners & Co. since 2013, offers 26 investments in both separately managed account (SMA) and mutual fund formats. Bridgehouse investments are available in a variety of asset classes, styles and objectives to meet investor needs for growth or income. The Bridgehouse Independent Platform offers access to the expertise of four world-class investment managers: Brandes Investment Partners, L.P., Greystone Managed Investments Inc., Lazard Asset Management (Canada) Inc. and Sionna Investment Managers Inc.
For more about Bridgehouse visit: bridgehousecanada.com and follow us on Linkedin and Twitter.
About Greystone Managed Investments:
Founded in 1988, Greystone Managed Investments Inc. is a privately owned, Canadian institutional investment manager. Employee-controlled, the firm is one of Canada's largest money managers1 with C$31 billion of assets under management (as at March 31, 2016). Greystone is a multi-asset class manager with in-house expertise in fixed income, Canadian equities, U.S. equities, international equities, real estate, mortgages and infrastructure. Greystone is headquartered in Regina, with offices in Toronto, Winnipeg and Hong Kong.
1Benefits Canada, November 2015, Top 40 Money Managers based on Canadian pension assets as of June 30, 2015.
For more about Greystone, visit: greystone.ca or LinkedIn.
Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. (Bridgehouse). Brandes Investment Partners® is a registered trademark of Brandes Investment Partners, L.P. (Brandes LP) in the United States and Canada, used under license by Bridgehouse. Bridgehouse is an affiliate of Brandes LP, a portfolio sub-advisor to certain Bridgehouse Funds. Bridgehouse is the manager of the Bridgehouse Funds and has hired Greystone Managed Investments Inc. (Greystone) as a portfolio sub-advisor in respect of certain Bridgehouse Funds. Bridgehouse and/or Greystone reserve the right to modify their investment strategies or techniques at any time, based on changing market dynamics or client needs. Indices are unmanaged and cannot be directly invested into. This material has been provided by Bridgehouse and is for informational purposes only. It is not intended to provide legal, accounting, tax, investment, financial or other advice and is not to be construed as a recommendation to buy or sell. Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
SOURCE Bridgehouse Asset Managers
Media Contact: Kevin Spikes, Marketing & Communications Central, 416-775-3666 x206, [email protected]
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