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Article: Portland Investment Counsel Announces Sub-Advisory Agreement and Fund Changes.
- Article from:
- Marketwire Canada
- Article date:
- September 25, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BURLINGTON, ONTARIO, Sep 25, 2009 (Marketwire via COMTEX) -- Portland Investment Counsel Inc. today announced the establishment of its official name, and further announced the completion of a sub-advisory arrangement with Manulife Financial Corporation as well as plans to terminate a select number of closed-end funds.
Name Change
In tandem with Manulife Financial's announcement regarding completion of the transaction to purchase AIC's Canadian retail investment fund business, AIC Investment Services Inc. has officially changed its name and will commence operations as Portland Investment Counsel Inc. effective today.
Sub-Advisory Arrangement
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