GMP Capital has changed the name and brand of its asset management business to CQI Capital Management, effective immediately.

The new corporate name and brand underscores the strategic repositioning of the business and the alignment of its mandate with the franchise-building efforts of GMP’s business partners at Richardson GMP. In conjunction with the rebranding, the GMPIM equity opportunities funds have been renamed the CQI equity opportunities funds.

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CQI chief executive, Dan McClure, said: "The rebranding initiative is a strategic component to CQI’s evolution, which clearly communicates the drivers of CQI’s investment management process – Cyclical and Quantitative Investing.

"With an experienced team of investment professionals with proven track records of performance, we are looking confidently at the future and our prospects for growth," he added.

Concurrently, CQI also reported the launch of the CQI Income Opportunities Fund, an equity-focused income fund which seeks to provide investors with stable returns while effectively reducing downside volatility and a view toward wealth preservation.

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