Asset allocators creat porfolios,often in the form of mutual funds,with the intention to turn in good results in both"bull"abd"bear"markets.

A with the intention

B the intention of which is

C intended

D and intending

E so intended as

why not A ?  and why C??

I don't agree with you.Intended should be past participle for modifying

asset allocators, which is the subject of the sentence asset allocators

create porfolios.