iAtoday

Investment fund managers have made changes to the structure of their teams following acquisitions, departures, or for strategic reasons.

Here is a summary of these changes:

BMO acquires Burgundy Asset Management

BMO Financial Group will acquire 100% of the shares in Burgundy Asset Management. The transaction is expected to close by the end of 2025, subject to customary closing conditions including regulatory approvals.

For complete information and the affected fund, please consult the Investment Update of August 21, 2025 – Burgundy.

AlphaFixe Capital announces a retirement

AlphaFixe Capital (AlphaFixe) announced the retirement of Diane Favreau, Senior Lead Manager of the AlphaFixe ESG Fund — Floating Rate Bank Loans, scheduled for December 31, 2025. During her 13 years with the firm, Ms. Favreau played a key role in the development of this type of fund, notably by launching the very first institutional bank loan fund in Canada.

For complete information and the affected funds, please consult the Investment Update of September 11, 2025 – AlphaFixe.

Jarislowsky Fraser Global Investment Management announces strategic changes to its Fixed Income team

Jarislowsky Fraser Global Investment Management has announced a strategic evolution of its fixed income capabilities with the appointment of Marc-André Gaudreau as Head of Fixed Income. Mr. Gaudreau joins the firm from Scotia Global Asset Management (SGAM), where he led the Specialized Credit team managing over $9 billion in credit-related assets.

For complete information and the affected fund, please consult the Investment Update of September 11, 2025 – Jarislowski Fraser.

iA Global Asset Management is making changes to its Fixed Income team

David McCulla, who previously served as Co-Portfolio Manager alongside Alexandre Morin (Senior Director and Portfolio Manager, Fixed Income), is no longer employed by iA Global Asset Management. Mr. Morin will now continue as the sole Portfolio Manager. He will continue to be supported by Hugo Noury (Director and Portfolio Manager, Fixed Income) as well as the entire Research team and the Corporate Credit team. The team’s consensus-based investment process remains unchanged.

For complete information and the affected funds, please consult the Investment Update of September 11, 2025 – iAGAM.