MONEY MANAGEMENT

Mackenzie Institutional adds global consultant relations executive

Susan Small was named senior vice president, global consultant relations, at Mackenzie Institutional, confirmed Gary A. Wing, executive vice president.

It is a new position.

Ms. Small is based in Chicago and will oversee the Canadian money manager's consultant relations efforts worldwide. Her hire coincides with Mackenzie's establishment of a U.S. presence. Mr. Wing said Mackenzie is also looking to hire more people for distribution. The U.S. expansion is part of the firm's five-year plan, which also includes creating a presence in the Asia-Pacific region, Mr. Wing said in a telephone interview.

Ms. Small's hire represents a “big step forward” for the company, Mr. Wing said.

Ms. Small was partner, managing director, head of sales and marketing, at now-closed hedge funds-of-funds firm Cadogan Management.