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UNC.PR.B United Corporations Limited

40.00
0.00 (0.00%)
13 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
United Corporations Limited TSX:UNC.PR.B Toronto Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 40.00 38.00 43.00 0 01:00:00

United Corporations Limited announces investments in emerging markets

29/09/2017 8:14pm

PR Newswire (Canada)


United Corporations (TSX:UNC.PR.B)
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TORONTO, Sept. 29, 2017 /CNW/ - The Board of Directors of United Corporations Limited (TSX:UNC) (TSX:UNC.PR.A) (TSX:UNC.PR.B) (TSX:UNC.PR.C) ("United") announces that it plans to allocate $100 million of its assets to emerging markets mandates; $50 million will be invested in LSV Emerging Markets Small Cap Equity Fund, LP and $50 million in Burgundy Emerging Markets Equity Fund.

The LSV mandate is managed by LSV Asset Management, a value equity manager whose head office is in Chicago, Illinois. The Burgundy mandate is managed by Burgundy Asset Management, a fundamental value-driven investment manager whose head office is in Toronto.

The $100 million will be sourced equally from the two global mandates managed by Jarislowsky Fraser Limited and ValueInvest Asset Management S.A.

SOURCE United Corporations Limited

Copyright 2017 Canada NewsWire

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