Stone Asset Management’s (SAM) Vice President, Investments, Mohsin Bashir is to leave the firm to pursue a new opportunity, effective 20 November, 2017.
Bashir has been working with the SAM investment team and Board of Directors to ensure a seamless transition for SAM and its clients.
“We thank Bashir for his years of service with SAM and wish him well in his future endeavours,” says John Juhlke, President, Stone Investment Group. “We apply a strong, team-based investment approach, and are confident our disciplined processes will ensure a smooth transition for our clients. Importantly, this transition gives us an excellent opportunity to evolve our portfolio management team, bench strength and investment processes going forward to enable us to deliver best-in-class performance for our clients.”
The management oversight of Stone Dividend Growth Class, Stone Global Balanced Fund and Stone GaleForce Dividend Growth Pool will be assumed by the SAM investment team whose active, alpha-driven process is based on the proprietary, award-winning Growth Over Time framework.
“We conduct a regular 360-degree review of SAM’s investment processes to ensure they are absolutely airtight and able to deliver the best value and security for SAM’s loyal clients,” says Chris Kruczynski, a member of Stone Investment Group’s Board of Directors. “We believe that this portfolio management transition marks an important inflection point – one that can help ensure sustainable alpha generation and long-term results for clients for years to come.”