Ian Ainsworth to Leave Mackenzie Investments

By Andrew Rickard | August 22 2014 07:35AM

Ian Ainsworth will be leaving Mackenzie Investments at the end of this year.

On August 20, Mackenzie announced that after being with the company for a decade, portfolio manager Ian Ainsworth is leaving the firm at the end of the year. Mackenzie says he is leaving to pursue other interests.

Mark Grammer, senior vice president of investment management at Mackenzie, will become sole lead of the Mackenzie Growth Team at year's end. He has served as co-lead of the team alongside Mr. Ainsworth up until this point.

Mackenzie Investments says that Mr. Ainsworth will remain co-manager with Mr. Grammer of the Mackenzie Growth Fund, the Mackenzie Global Growth Class and the Mackenzie US Growth Class and contributing manager to the Mackenzie Canadian Concentrated Equity Fund until the end of December. The company also says that the funds will continue to be managed using the same investment strategy and processes currently employed.

"Ian has been a valued colleague and made a tremendous contribution to building our world-class capabilities in growth investing," commented chief investment officer Tony Elavia. "We wish him well in his future endeavours."

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