Copeland Adds Invesco's Granade For Hedge Fund Launch

May 25 2012 | 3:17am ET

Asset manager Copeland Capital Management has hired an international equities head to launch a planned hedge fund.

Erik Granade's charge at the Conshohocken, Pa.-based dividend growth specialist is larger than getting its Global Dividend Growth hedge fund off the ground. He'll lead Copeland's expansion into international stock trading for its other products.

Granade joins Copeland from Invesco, where he was chief investment officer for global equities. He also formerly worked at PNC Bank's Provident Capital Management institutional money management business and at Cashman Farrell & Associates.

"Our research suggests that the superior performance and lower risk characteristics that can be achieved by investing in dividend growth stocks are not unique to the United States," Copeland Chairman Edward Rorer said. "We believe that, with the addition of Mr. Granade, our process can now be replicated in markets across the globe. As head of international equities, Mr. Granade will lead the launch of both traditional and tactical international dividend growth products, as well as a Global Dividend Growth hedge fund."


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