This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Morguard Appoints Vikash Jain To VP And Chief Investment Officer Of Its Fund Management Company

MISSISSAUGA, ON, Dec. 3, 2012 /CNW/ - Morguard Corporation (TSX: MRC) ("Morguard") today announced the appointment of Vikash Jain, CFA to Vice President and Chief Investment Officer of its wholly-owned fund management company, Morguard Financial Corp.  Mr. Jain will succeed Charles Dillingham on December 31, 2012.

Mr. Jain brings more than 15 years of global portfolio strategy, design and management to Morguard.  He has proven expertise in managing multi-billion dollar structured portfolios for large institutional clients and global asset allocation portfolios for high net worth families. Mr. Jain worked for several years in Mumbai and Singapore as an oil and industrial sector analyst. That global perspective combined with his deep experience across asset classes and capital markets will be invaluable in leading Morguard Financial in its next phase of growth.

As Chief Investment Officer, Mr. Jain will oversee the management of the equity and fixed income portfolios Morguard Financial manages for its institutional, retail and high net worth investors. These portfolios include separately managed accounts on behalf of Canadian pension funds, the Morguard Sunstone Real Estate Income Fund (TSX: MSN.UN), the Morguard Real Estate Equity Fund, and the Morguard-managed CIBC Canadian Real Estate Fund, winner of the prestigious Thomson Reuters Lipper Fund Award in 2011 and 2012.

"Charles has done an outstanding job over the past 15 years," said Rai Sahi, Chief Executive Officer of Morguard, "He's one of the best in the industry, with two Lipper Fund awards and ranking as one of Canada's 50 TopGun Equity Portfolio Managers by Brendan Wood International in 2009. Most of all, he's helped our clients by delivering solid, risk-adjusted returns. Vikash will build on Charles' success to expand our business and bring the benefits of Morguard's expertise to more Canadians."

The experienced members of Mr. Dillingham's hand-picked portfolio management team, Derek Warren and Kate MacDonald will continue their day-to-day management of the Morguard portfolio of funds under Mr. Jain's direction.

"In the current environment, investors need quality investments that offer safety and yield," said Mr. Jain. "That is exactly what Morguard has delivered over the past 15 years and what we will continue to deliver over the next 15," he concluded.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.31%
FB $102.01 0.10%
GOOG $682.40 -0.10%
TSLA $151.04 0.38%
YHOO $27.04 1.05%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs