Toronto-based CIBC Asset Management Inc. (CIBCAM) has made several subadvisory changes to its pooled funds. Boston-based Wellington Management Canada LLC now is the portfolio subadvisor for Imperial International Bond Pool, as well as for Frontiers Global Bond Pool. Wellington joins Philadelphia-based portfolio subadvisor Brandywine Global Investment Management LLC on both pools. As well, Imperial International Bond Pool has enhanced its exposure to floating-rate, fixed-income securities through units of Renaissance Floating Rate Income Fund, which is subadvised by Los Angeles-based Ares Management LLC. Furthermore, Toronto-based Foyston Gordon & Payne Inc. (FG&P) now will act as portfolio subadvisor to Imperial Canadian Equity Pool and Frontiers Canadian Equity Pool. FG&P will work with Toronto-based Connor Clark & Lunn Investment Management Ltd. and CIBCAM on both these funds; Toronto-based Picton Mahoney Asset Management and Montreal-based Triasima Portfolio Management Inc. also will subadvise on Frontiers Canadian Equity Pool. Minimum investment for the Frontiers pools is $25,000. There is no minimum investment for the Imperial pools. For fee information on individual funds, visit www.cibc.com/ca/asset-management.
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