Empire Life Investments announcement from CEO Mark Sylvia

I would like to inform you that Chief Investment Officer Gaelen Morphet, CFA, has chosen to leave Empire Life Investments Inc. to pursue another opportunity, effective August 12, 2016.

Gaelen has served as Chief Investment Officer since November 2009. She has built a strong investment team that has achieved award-winning fund performance and is positioned for continued success. I want to thank Gaelen for her contributions, dedication and commitment to our company and I wish her well.

Until a new Chief Investment Officer is hired, the investment team will report to me. They will continue to use a conservative, value-oriented and disciplined investment style with an emphasis on downside protection to help preserve and build wealth for your clients. Our team approach provides opportunities for research and idea sharing, as well as ensuring continuity for fund management during times of transition. As a result, we are confident this transition will be smooth, with no disruption to day-to-day operations.

We look forward to informing you of our selection of a new Chief Investment Officer once a decision has been made. Please contact your Empire Life sales team if you have any questions.


Mark Sylvia
President & CEO
Empire Life Investments Inc.