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April 3, 2008

AIC and Brookfield Redding Launch Infrastructure Fund


BURLINGTON, ONTARIO--(Marketwire - April 3, 2008)

AIC today announced plans to launch a new and unique global infrastructure fund, sub-advised by Chicago-based Brookfield Redding, an investment manager known for property, power, and other infrastructure assets. Subject to regulatory approval, the Brookfield Redding Global Infrastructure Corporate Class will be available for sale starting April 14, 2008 while a Trust version is anticipated to follow in May 2008.

”AIC is pleased to bring the Brookfield Redding Global Infrastructure Funds to financial advisors and their clients across Canada," said Jonathan Wellum, AIC's Chief Executive Officer and Chief Investment Officer. "This is an exceptional investment opportunity for advisors and investors, enabling them to tap into the multi-trillion-dollar infrastructure market. Infrastructure assets and businesses include such critical functions and essential services as roads, railways, bridges, ports, airports, water and power lines. We're particularly delighted to have the outstanding expertise of Brookfield Redding onboard to sub-advise these AIC Funds."

Full Story...

Posted by dcjaya at April 3, 2008 8:08 PM