TORONTO – April 30, 2018 - IA Clarington Investments Inc. (“iA Clarington”) today announced that, on or about June 1, 2018, IA Clarington Global Growth & Income Fund (the “Fund”) will be renamed IA Clarington Global Multi-Asset Fund and will be sub-advised by PineBridge Investments LLC (“PineBridge”), a global asset manager with more than US$85 billion in assets under management.

PineBridge brings a differentiated approach to the Fund’s continued objective of providing investors with a global balanced solution that seeks capital appreciation and consistent income.

IA Clarington Global Multi-Asset Fund will offer investors high-conviction, actively managed exposure to a broad range of geographic regions and asset class opportunities, as well as flexibility to adjust to changing market environments. Based on a PineBridge strategy that has delivered attractive risk-adjusted performance for more than a decade, the Fund will take an outcome-focused approach and leverage the deep expertise of more than 200 investment professionals in 17 countries. PineBridge’s investment process combines research-intensive, fundamental-driven top-down asset allocation with rigorous bottom-up security selection.

“An actively managed solution that invests opportunistically across a wide variety of regions and asset classes is critical to meeting the challenges of today’s market environment. We are thrilled to be expanding our partnership with PineBridge to deliver this innovative, high-conviction strategy to Canadian investors,” said Eric Frape, Senior Vice-President, Product and Investments, iA Clarington Investments.

“IA Clarington Global Multi-Asset Fund will be modelled after a strategy that for years has been helping institutional and retail clients in the U.S. and internationally achieve their investment objectives. We are very excited to have an opportunity to do the same for Canadian investors,” said Michael J. Kelly, Managing Director and Global Head of Multi-Asset, PineBridge Investments.

About IA Clarington Investments Inc.

A subsidiary of Industrial Alliance Insurance and Financial Services Inc. – Canada’s fourth-largest life and health insurance company – iA Clarington offers a wide range of investment products, including actively managed mutual funds, managed portfolio solutions and socially responsible investments. As of March 31, 2018, iA Clarington has more than $15 billion in assets under management. For more information, please visit iaclarington.com.

About PineBridge Investments LLC
PineBridge is a private, global asset manager focused on active, high-conviction investing. The firm draws on the collective power of its experts in each discipline, market, and region of the world through an open culture of collaboration designed to identify the best ideas. As of December 31, 2017, the firm managed US$85.3 billion across global asset classes for investors around the world.

Legal: Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The iA Clarington Funds are managed by IA Clarington Investments Inc. iA Clarington and the iA Clarington logo are trademarks of Industrial Alliance Insurance and Financial Services Inc. and are used under license.