Mackenzie appoints new CIO

Mackenzie Investments has named Tony Elavia, PhD, as the new chief investment officer and executive vice-president.

Elavia has 25 years of industry experience, with a background in investment management for both retail and institutional clients in the U.S. and in Canada.

Prior to his current role, he held progressively senior positions at a U.S.-based insurance company subsidiary, and leadership roles at three asset management firms in the U.S., including Putnam Investments where he co-managed three funds with total assets exceeding US$25 billion.

“Tony’s extensive investment career and his experience managing both money and investment teams make him a tremendous fit for the CIO role,” said Charles R. Sims, president and CEO. “As a firm we are focused on investment excellence and Tony will be crucial to helping us maintain this focus.”

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.