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News: In brief - First Quadrant to be sub-advisor for IG.(Investors Group Inc.)(Brief Article)
Financial Times Mandate, October, 2002
First Quadrant has been appointed as sub-advisor on a $1.9bn fund for Investors Group of Canada. First Quadrant has taken the mandate from YMG Capital Management on the Investors Asset Allocation Fund.
The fund heavily relies on quantitative analysis and First Quadrant is the proprietor of Tactical Asset Allocation, the modelling system used by the fund.
"This change will give us more direct access to First Quadrant's quantitative management process," said Scott Penman, president of IG Investment Management.
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