![PFSL chooses Morneau Shepell](https://www.benefitscanada.com/wp-content/uploads/sites/7/2010/12/daily-news-mail-slot.jpg)
PFSL Fund Management, the investment fund manager and trustee of the Primerica Concert Allocation Series of Funds, has appointed Morneau Shepell Asset & Risk Management as the new portfolio manager for the funds.
Morneau Shepell Asset & Risk Management will provide advice to PFSL in establishing fund-specific investment policies—the mix among equities and fixed income securities—for each Concert fund, and will make recommendations to PFSL on the specific underlying funds to be invested in by each Concert fund.
The appointment is effective on or about April 1, 2014, subject to the receipt of any necessary regulatory approvals.
PFSL is an investment manager subsidiary of Primerica Financial Services (Canada) Ltd.
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