Chris Boyle was named senior vice president, institutional, at Mackenzie Investments, effective in August.
The position is new, said Liana George, Mackenzie spokeswoman. Mr. Boyle will oversee Mackenzie's institutional and subadvisory businesses, which are being integrated as part of an organizational change at the money manager.
Mr. Boyle is taking over the duties previously held by Gary Wing, executive vice president, institutional, and Todd Backman, executive vice president of strategic alliances, the firm's subadvisory business. Mr. Wing left Mackenzie on May 9; Mr. Backman is leaving the firm Friday. Ms. George could not say what their plans are; efforts to reach Messrs. Wing and Backman were unsuccessful.
Mr. Boyle was senior vice president of institutional business at AGF Management. The position has not yet been filled pending a review of the institutional business, according to a spokesman at AGF.
Mr. Boyle is the second executive to leave AGF for Mackenzie. In April, Mackenzie announced it named Thomas Clancy as named senior vice president, U.S. business development. He was vice president and head of U.S. distribution at AGF Investments America.
Mackenzie had C$68.8 billion (US$63.2 billion) in assets under management as of April 30, including C$20.5 billion in institutional AUM.
