BMO Poaches 13 From CI Financial in Asset Management Push
- CI drops after mass departure to Canadian bank rival
- Elliott, White, Yeung among portfolio managers moving firms
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Bank of Montreal’s asset management arm hired 13 portfolio managers, analysts and traders from CI Financial Corp. as the bank pushes ahead with the expansion of its Canadian business.
The new Toronto-based global equity team includes specialists in health care, technology, industrials, financials and consumer stocks, according to a statement Monday.