CIBC Asset Management has appointed The Boston Company Asset Management, LLC as portfolio sub-advisor of the CIBC U.S. Small Companies Fund, CIBC said Monday.
This change is effective August 2.
“We are pleased to extend The Boston Company’s presence within our CIBC Mutual Funds platform, and are confident that their proven track record in the U.S. small-cap equity space will further enhance the quality of our offer for clients,” says Steve Geist, president of CIBC Asset Management.
The Boston Company, headquartered in Boston, MA, was founded in 1970 and offers a bottom-up approach to stock selection that focuses on fundamental research in a process-driven environment. With US$32.5 billion in assets under management (as at June 30, 2010), it offers domestic and international equity disciplines, as well as balanced portfolios for public, corporate, endowment and foundation clients; trade union organizations and defined-benefit plans; and sub-advised relationships.
IE
CIBC Asset Management announces sub-advisor change
Boston Co. appointed sub-advisor of CIBC U.S. Small Companies Fund
- By: IE Staff
- July 26, 2010 July 26, 2010
- 13:06