TORONTO, June 13, 2013 /CNW/ - Return On Innovation Advisors Ltd ("ROI Capital") is pleased to announce the appointment of Richard McConnell as Vice President, Investment Services. In his new role, he is responsible for managing relationships with intermediaries, institutions and other strategic partnerships, as well as various portfolio management activities.
"Richard is an excellent addition to the ROI team. His extensive industry experience, in-depth knowledge of portfolio management and his relationships with institutional investment managers make him a strong fit within our organization," says ROI Capital President and Founding Partner Wilfred Vos. "Richard brings with him extensive experience and understanding of institutional money management and the Canadian investment industry, which will be a great complement to our senior management team."
Mr. McConnell brings with him over 16 years of industry experience. Before joining ROI Capital, McConnell spent more than nine years with CIBC Asset Management Inc., which included leading the firm's international and global equity manager research. Responsible for the oversight of more than $6 billion of mutual funds and of separately managed accounts at CIBC, he sought out leading investment managers from around the world, and advised on asset allocation and portfolio construction. Mr. McConnell has a BA in Economics and History from the University of Toronto and holds the Chartered Financial Analyst (CFA) designation.
About ROI Capital
Established in 2002, ROI Capital ("ROI") is a privately owned, Canadian investment firm that specializes in commercial mortgages, loans and private real estate. Since its inception, ROI has developed a deep understanding of the fundamentals of the commercial real estate market and an emphasis on capital preservation. This is achieved by primarily focusing on income-producing properties in large urban markets. ROI's senior team has an average of 20 years' experience in the financial services industry, as well as deep relationships with banks, institutions and brokers. Today, ROI manages more than $1.3 billion across 10 funds.
SOURCE ROI Capital