CIBC launches new funds, adds team members

CIBC Asset Management has expanded its pooled fund offering for institutional investors and added four new people to its team.

The CIBC Canadian Bond Core Plus Pool employs a multi-strategy active approach for managing Canadian fixed income to improve portfolio diversification and enhance expected returns by allocating beyond the Canadian market.

And the CIBC High Yield Bond Pool provides a global portfolio seeking additional yield and price appreciation opportunities with modest incremental risk. It’s been structured to minimize the impact of company-specific events.

The company has also added four new team members:

Brent Reuter has joined as vice-president, institutional business development. He has 22 years of experience in various distribution roles in Canada and globally, most recently with RBC.

Trevor Bateman has joined the team as vice-president, senior analyst, credit. He has 21 years of industry experience and 16 years of credit analysis experience.

And Scott Vali has joined as vice-president, portfolio manager, equities, and Sara Shahram has joined as associate portfolio manager, equities.

For more industry moves, check out People Watch.

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