Toronto’s Mackenzie Investments Announces All China Equity Fund
Mackenzie Investments, an investment management firm based in Toronto, announced on October 10, 2017, the launch of Mackenzie All China Equity Fund, which will be sub-advised by China Asset Management Co., Ltd. (China AMC), a Beijing-headquartered, privately-owned investment manager. Mackenzie Investments recently acquired a 13.9% interest in China AMC. Together with Power Corporation of Canada, the indirect parent company of IGM Financial (the parent company of Mackenzie Investments), Mackenzie Investments and Power hold a 27.8% interest in China AMC. The partnership with China AMC allows Mackenzie Investments to capture the entire spectrum of Chinese capital markets.