ADMAX, a C$340 million (U.S. $245 million) fund family in Toronto, has selected INVESCO to run an additional five mutual funds, replacing Regent Pacific Group of Hong Kong. ADMAX, formerly called ADMAX Regent International Management, also is dropping Regent's name.
INVESCO, which already managed a global health sciences fund for ADMAX, will now manage an international stock fund, an emerging Asian markets fund and funds focused on Japan, Europe and Korea.
