Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Report on Business

Streetwise

News and analysis on Bay Street and the world of finance
available exclusively to subscribers of Globe Unlimited

Entry archive:

Cumberland CIO Wilson leaves, likely for Sprott Add to ...

Cumberland Private Wealth Management has a new chief investment officer after its existing CIO quit to join another money manager - said to be Sprott Inc.

John Wilson, a technology specialist who has been CIO at Cumberland since 2009, resigned to join another firm, a spokeswoman for Cumberland confirmed.

Sources said his destination is Sprott , which has steadily been broadening its list of managers and funds. The firm declined to comment.

At Cumberland, which runs about $1.6-billion of assets, Mr. Wilson will be replaced by Peter Jackson. Mr. Jackson currently runs Cumberland's Canadian equities portfolio.

Mr. Wilson, who had a background as a technology analyst at RBC Dominion Securities and UBS AG's Canadian office, also was Cumberland's point man on technology and telecom stocks.

Mr. Jackson is a 24-year veteran of money management who has been with Cumberland since 1999. In addition to Canadian equities, he runs an energy fund and a special opportunities fund.

Follow on Twitter: @boyderman

 
Security Price Change
SII-T Sprott Inc. 3.02 0.01
0.332 %
Add to watchlist
Live Discussion of SII on StockTwits
More Discussion on SII-T

Topics:

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories