Lloyd George Management, a wholly owned subsidiary of BMO Global Asset Management, last month took over sub-advising BMO's Lloyd George Emerging Markets Equity Fund (MIEMX), which bets on a diversified portfolio of common stocks of foreign companies located in emerging market countries.

A spokesperson for the firm, explained that Trilogy Global Advisors was a former sub-advisor to the fund when it was run by M&I Investment Management because M&I Investment did not have emerging markets expertise in-house.

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