Portfolio manager changes at CIBC AM

Toronto-based CIBC Asset Management Inc. has changed portfolio managers within its emerging-markets lineup. The changes include the addition of RS Investment Management Co. LLC of San Francisco, Harding Loevner LP of Bridgewater, N.J., and New York-based Pzena Investment Management LLC as portfolio subadvisors to the emerging-markets investment mandates for Imperial Emerging Economies Pool and Frontiers Emerging Markets Equity Pool. These changes also will benefit several Axiom portfolios – managed portfolio solutions that utilize the Frontiers Emerging Markets Equity Pool. RS Investments also has been appointed as portfolio subadvisor for Renaissance Emerging Markets Fund and CIBC Emerging Markets Fund. The changes will be effective on or about Nov. 1.

(cohara@investmentexecutive.com).