Front Street Capital has announced the appointment of Frank Mersch as chief investment officer to further strengthen the Front Street portfolio management team and fund products.
In the coming weeks, Front Street plans to announce further additions to the team, as well as new product initiatives.
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Mersch will oversee all of Front Street’s portfolio management and research efforts. His leadership will be focused on maximising investment performance and risk management for our clients. Mersch will continue to manage his Equity and Hedge mandates.
While more changes will be announced, Front Street is evolving to respond to capital market changes and the needs of investors who are seeking income and growth from Canadian and international exposure.
"The appointment recognises Frank Mersch’s skills and further strengthens our ability to provide a strong foundation and positive momentum as we prepare for additional portfolio management changes and product-line enhancements," said Gary Selke, president and CEO of Front Street Capital.
"Frank will provide leadership and will leverage the strengths we have built within the company for the past several years. He will focus his efforts on broadening both the scope and depth of our investment capabilities and portfolio managers."
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By GlobalDataPortfolio enhancements are also underway at Front Street. Details regarding proposed fund mergers were outlined in the joint management proxy circular dated 16 April, 2013 and sent to shareholders of record on 12 April, 2013. The mergers are expected to occur on or about 3 June, 2013.
