CIBC Asset Management Announces Portfolio Sub-advisor Changes
CIBC Asset Management Inc. (CAM) today announced portfolio sub-advisor changes to further strengthen its core investment solutions. Changes will take effect on or about October 1, 2015.
Changes to Frontiers International Equity Pool are outlined below. Frontiers Pools are underlying investments of Axiom Portfolios.
Frontiers International Equity Pool
WCM Investment Management (WCM) and JPMorgan Asset Management (Canada) Inc. (JPMorgan) have been appointed as portfolio sub-advisors for Frontiers International Equity Pool. They join existing sub-advisors: American Century Investment Management, Inc., Causeway Capital Management LLC, Pzena Investment Management, LLC and INTECH Investment Management LLC.
About the Newly Appointed Portfolio Sub-advisory Firms
JPMorgan: The firm belongs to a group of companies operating under the name of JPMorgan Asset Management ("JPMAM"). JPMAM is the brand name of the global group of asset management companies belonging to JPMorgan Chase & Co. JPMorgan Chase & Co. is the ultimate parent company of JPMorgan.
WCM: An independent, employee-owned asset management firm, WCM is located in Laguna Beach. WCM has worked hard to build and maintain an organization that nurtures excellence and innovation. To this end, WCM has kept head-count low, controlled asset growth, aligned employee incentives with clients' long-term goals, and vigorously protected its employee-owned status.