Welcome!

Microsoft Cloud Authors: Kevin Benedict, Pat Romanski, Liz McMillan, Lori MacVittie, Elizabeth White

News Feed Item

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.

About Morguard
Morguard is an expert in North American real estate ownership, investment and management. With a strategic focus on high-quality assets and diversification, Morguard has a proven track record of realizing the potential of real estate through consistent investment performance.  Morguard has more than $12 billion of assets owned and under management. The integrated real estate services company manages its own real estate portfolio, and also invests and manages on behalf of third-party institutional and private real estate investors. Morguard offers integrated real estate services, including investment management, asset management and property management.

Morguard Corporation also owns a 42.8% interest in Morguard Real Estate Investment Trust (TSX: MRT.UN) and a 56.1% effective interest in the Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN).

SOURCE Morguard Corporation

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...