Mackenzie Financial has reshuffled the team for some of its funds. As a part of the change, Henderson Global Investors is no longer sub-adviser to the Mackenzie Universal International Stock Fund, the Mackenzie Universal International Stock Class, the Mackenzie Focus Far East Class, Mackenzie Focus Japan Class, the Mackenzie Focus International Class and the Mackenzie Focus Canada Fund. The investment management firm has appointed senior vice-president of investments Mark Grammer as lead manager of the international stock fund and the international stock class fund. The Far East Class fund will be managed by three instead of four portfolio management teams.
Click here for the release from Canada Newswire.