|By PR Newswire||
|March 10, 2014 01:30 PM EDT||
TORONTO, March 10, 2014 /CNW/ - CIBC Asset Management Inc. (CAM) today announced portfolio sub-advisor changes to further strengthen its lineup of international equity funds. Changes will take effect on or about April 15, 2014.
"Exposure to global markets offers investors important diversification benefits. To uncover the best opportunities, you need access to superior portfolio managers," said Steve Geist, President, CIBC Asset Management. "To harness the growth potential of international equities, we need to ensure our mandates are managed by proven investment specialists with long-term performance records that illustrate their expertise. This, combined with effective risk management and optimized portfolios, will best serve our clients and their investment needs."
Imperial International Equity Pool
Pzena Investment Management, LLC (Pzena) has been appointed as a portfolio sub-advisor for the Imperial International Equity Pool. Pzena joins existing sub-advisors American Century Investment Management, Inc. (American Century), Causeway Capital Management LLC (Causeway), CAM, and Pyramis Global Advisors (Pyramis), who will continue to provide portfolio management services to the pool.
Imperial Overseas Equity Pool
Pzena and INTECH Investment Management LLC (INTECH) have been appointed as portfolio sub-advisors for the Imperial Overseas Equity Pool. These firms join existing sub-advisors American Century, Causeway and Pyramis, who will continue to provide portfolio management services to the pool.
Frontiers International Equity Pool
Causeway, American Century, INTECH and Pzena have been appointed as portfolio sub-advisors for the Frontiers International Equity Pool. These firms join existing sub-advisor Walter Scott & Partners Limited, who will continue to provide portfolio management services to the pool.
CIBC International Small Companies Fund
American Century has been appointed as portfolio sub-advisor for the CIBC International Small Companies Fund. American Century is a premier investment management firm with an extensive and proven track record managing international small-cap equities.
About the Newly Appointed Portfolio Sub-Advisory Firms
American Century Investment Management: As a leading U.S. investment management firm, American Century is committed to delivering superior and consistent risk-adjusted performance through active management. Headquartered in Kansas City with offices in New York; Mountain View, California; London and Hong Kong, the firm manages over $139 billion in assets as of December 31, 2013. In August 2011, CIBC acquired a minority ownership position in American Century.
Causeway Capital Management: Causeway is an independent investment management firm founded in June 2001. It takes a bottom-up approach to selecting mid- and large-cap global stocks, seeking to identify under-priced securities that are held until the market recognizes their fair value. The firm's portfolio managers and research analysts work together to determine expected returns for undervalued securities. This analysis is then refined using tools developed by their quantitative specialists to manage portfolio risk. As of December 31, 2013, the firm managed approximately $28 billion in assets.
INTECH Investment Management: Founded in 1987, INTECH offers equity investors highly disciplined, mathematical relative-return strategies that attempt to achieve long-term returns in excess of the target benchmark, while reducing the risk of significant underperformance relative to the benchmark. Its strategies are based on a rigorous mathematical theory that is the result of research conducted by founder Dr. E. Robert Fernholz. As of December 31, 2013, INTECH had approximately $47.6 billion under management.
Pzena Investment Management: Headquartered in New York City, Pzena has a deep value investment philosophy which emphasizes an understanding of business models and earnings power. Pzena's strong research team conducts in-depth proprietary analysis into companies in order to produce better insights about the prospects of its investment universe. As of December 31, 2013, the firm managed $25 billion in assets for leading corporate, public, and individual clients.
CIBC Asset Management (CAM), the asset management subsidiary of CIBC, provides a range of high-quality investment management services and solutions to individual and institutional investors. CAM's offerings include: a comprehensive platform of mutual funds, strategic managed portfolio solutions, discretionary investment management services for high-net-worth individuals, and portfolio management for institutional clients. CAM is one of Canada's largest asset management firms, with over $90 billion in assets under management as of Dec. 31, 2013.
SOURCE Canadian Imperial Bank of Commerce
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 30, 2017 08:00 AM EDT Reads: 4,579
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
Mar. 30, 2017 07:15 AM EDT Reads: 468
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Mar. 30, 2017 06:00 AM EDT Reads: 3,150
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists l...
Mar. 30, 2017 05:00 AM EDT Reads: 10,105
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Mar. 30, 2017 04:45 AM EDT Reads: 3,373
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Mar. 30, 2017 04:45 AM EDT Reads: 3,346
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Mar. 30, 2017 04:15 AM EDT Reads: 1,013
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 30, 2017 04:15 AM EDT Reads: 2,279
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
Mar. 30, 2017 04:00 AM EDT Reads: 3,321
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Mar. 30, 2017 03:45 AM EDT Reads: 3,496
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Mar. 30, 2017 02:15 AM EDT Reads: 4,166
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Mar. 30, 2017 01:30 AM EDT Reads: 2,667
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Mar. 30, 2017 01:15 AM EDT Reads: 1,274
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
Mar. 30, 2017 01:00 AM EDT Reads: 8,370
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
Mar. 30, 2017 12:45 AM EDT Reads: 776