Money Management

Canada Life Investments brings on head of credit

Rick Wisentaner was named head of credit at Canada Life Investments.

Mr. Wisentaner replaced Bill Harer, who retired March 31 after 35 years with the firm.

Mr. Wisentaner reports to David Marchant, chief investment officer at parent company Canada Life Ltd. and managing director, Canada Life Asset Management. Canada Life Investments is the brand for money management activities undertaken by Canada Life Asset Management.

He "brings a wealth of experience in global credit markets and his expertise in credit analysis and management in both the U.S. and U.K. will be a huge asset to the business," said Mr. Marchant in a news release provided by a spokeswoman.

Canada Life Investments manages more than £37 billion ($52.7 billion) in assets across fixed-income, real estate and equities strategies.

Mr. Wisentaner was head of credit at Aerion Fund Management, which was acquired by Legal & General Investment Management in 2015.