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Wednesday, January 27, 2016|
A $10.4B Boutique's Co-Founder Passes the Torch
One of the founders of a $10.4-billion asset management boutique is passing the torch without departing.
TCH is a wholly-owned subsidiary of BMO that specializes in U.S. taxable fixed income. TCH subadvises several U.S. mutual funds for BMO, and it also subadvises the Aston/TCH Fixed Income Fund.
A spokesperson for Aston [profile] parent AMG was not immediately able to comment on the changes at TCH.
McInerney describes the shift as a "a natural succession" at TCH and notes that Alvarez Canida is "very engaged and still in the office every day."
"This is really part of a very long-established succession plan," Woodward says. "Tere is still involved in the business. She will remain as part of the management committee. She's just transitioned her day-to-day responsibilities on the portfolio management side as well as the business side."
Woodward most recently served as chief operating officer and director of research at TCH. She confirms that Ronald Salinas, a research analyst who first joined TCH in 2004, has been promoted to director of research. COO, Woodward says, "was really a transition role" and those duties have been absorbed into her new role as president.
"We have a team-based culture, a team-based approach," Woodward says, describing the leadership transition as "really seamless internally" and "very well thought out."
Alvarez Canida is an alumnus of Georgetown and of George Washington University. She co-founded TCH in 1985.
Salinas is an alumnus of Notre Dame and of the University of Miami.
Printed from: MFWire.com/story.asp?s=53348
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