Patrick Farmer, former chief investment officer with Canadian-based AIM Funds Management, has teamed up with two departed high-profile managers at a investment firm designed to rival their old employer, Canadian publication The Globe and Mail reported. Mr Farmer has joined Tye Bousada and Geoff MacDonald, and Robert Krembil, co-founder of former Trimark, as partners in Cymbria Capital, which is a holding company for new investment manager Edgepoint Capital Partners. Mr Farmer is now chairman and chief operating officer of Cymbira, and will be the go-between with financial advisors, while Mr MacDonald and Mr Bousada will focus on managing money. Mr Farmer, who resigned from AIM Funds last summer, said he chose to join Cymbria even though he was courted by other Canadian fund managers. Toronto-based AIM Funds, a unit of global asset manager Invesco, has suffered from net outflows partly because of the departures of three managers and Mr Farmer since last August. AIM Funds saw about $1.8 billion in net redemptions in the first three months of this year.