CIBC Asset Management Inc. announced that Kayne Anderson Rudnick Investment Management, LLC has been appointed portfolio sub-advisor for the CIBC U.S. Small Companies Fund. This change will take effect on or about December 2, 2019.
With US$29.5 billion in assets under management, Kayne Anderson Rudnick manages investment portfolios and provides advice to institutional and individual investors around the world. It offers a broad range of investment solutions - including small cap (domestic, international, and emerging markets), small-mid cap, mid cap, large cap, all cap and global yield strategies. Kayne Anderson Rudnick is based in Los Angeles.