Capital Group has announced that Kevin Martino has joined the company as vice president of institutional business. Martino will support the organization's client services, business development and consultant relations initiatives across Canada from the company’s Toronto office.

Martino has had nearly 25 years’ experience in managing and developing institutional investment practices at a number of Canadian-based financial services organizations. Most recently, he led the Canadian institutional business of Dimensional Fund Advisors for 10 years.

Will add strength to institutional arm

"Kevin's long tenure of providing exceptional client services and his business development skills will add great depth to our institutional arm in Canada," said Rick Headrick, president of Capital Group's Canadian business. "As an industry veteran with an outstanding reputation he will support our commitment to deliver superior and consistent results for our clients in Canada."  

Firm uses proprietary system to boost returns

Capital Group manages portfolios using The Capital SystemTM, a proprietary system designed to produce highly diverse portfolios that deliver consistent long-term results, a smoother ride and management continuity over a range of market conditions.

In Canada, the Capital Group organization's institutional investment strategies are offered as separate accounts and are used by a variety of corporations (for defined benefit plans) and public funds as well as endowments, foundations and other institutional investors. Capital Group's Canadian mutual funds are also offered for use in defined contribution plans.