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Press release from CNW Group

Portfolio Manager Robert Swanson joins CI Investments' Cambridge Advisors team

Tuesday, September 20, 2011

Portfolio Manager Robert Swanson joins CI Investments' Cambridge Advisors team11:26 EDT Tuesday, September 20, 2011TSX Symbol: CIXTORONTO, Sept. 20, 2011 /CNW/ - CI Investments Inc. ("CI") today announced that Portfolio Manager Robert Swanson has joined its Cambridge Advisors investment team.Mr. Swanson has over 27 years of investment experience. At his previous firm, he was lead portfolio manager of several mutual funds with combined assets under management exceeding $20 billion. In the past two years, the funds he previously co-managed won an impressive seven Lipper Fund Awards, which recognize funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers."Bob is an accomplished investment professional and a high-calibre addition to an outstanding portfolio management team," said Derek J. Green, CI President.At Cambridge, Mr. Swanson is working with a team led by Chief Investment Officer Alan Radlo and Portfolio Manager Brandon Snow. The move reunites the three managers, who worked together at another fund company as key members of its Canadian investment team."The Cambridge managers possess exceptional talent and experience and have delivered strong results," Mr. Green said. "We are pleased to offer Canadian investors this high level of investment expertise through the Cambridge family of funds."Cambridge Advisors, a division of CI with offices in Boston and Toronto, manages over $2 billion in assets. It was founded in January 2008 under the direction of Mr. Radlo. He has over 28 years of investment management experience and has, with the Cambridge funds, delivered excellent returns relative to the benchmarks and peer groups.Mr. Snow joined Cambridge in April 2011. His prior experience includes managing two Canadian-focused equity funds with a total of $1.7 billion in assets. One of the funds was the winner of a Lipper Fund Award in 2010.At his prior firm, Mr. Swanson was portfolio manager of several institutional equity mandates and retail mutual funds, including a Canadian asset allocation fund, a monthly income fund, an income allocation fund and a dividend fund. Prior to joining that firm in 1999, Mr. Swanson spent 10 years at Bank of America Investment Advisors, where he was a senior portfolio manager. His experience also includes positions at ABN-Amro and Merchandise National Bank. He holds a bachelor's degree in finance from Northern Illinois University, an MBA from Northwestern University and the Chartered Financial Analyst designation.Cambridge Advisors is the business name of CI Global Holdings Inc., a subsidiary of CI. Certain portfolio managers of Cambridge Advisors are registered with CI.CI Investments Inc. is one of Canada's largest investment management companies. It offers a broad range of investment products and services, including an industry-leading selection of investment funds, and is on the Web at www.ci.com. CI is a subsidiary of CI Financial Corp. (TSX: CIX), an independent, Canadian-owned wealth management firm with approximately $92.7 billion in assets as of August 31, 2011.The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. For more information, visit excellence.thomsonreuters.com.For further information: Derek J. Green President CI Investments Inc. (416) 364-1145