BC Telecom Inc., Burnaby, British Columbia, hired its first small-cap Canadian equity manager for its pension fund. Montrusco and Associates will manage roughly C$30 million, said Garnet Andrews, cash and investment manager.
The C$860 million (U.S. $627 million) pension fund will fund the hire from both cash reserves and an internally managed index portfolio, Mr. Andrews said. Brockhouse & Cooper assisted.
