External Expertise: An Early Adopter
CIBC Atlantic Trust was an early adopter of the premise that external managers would be needed to complement our internal management expertise—therefore, we established the Multi-Manager Investment Program (MMIP) in 1992. During the past 20+ years, the MMIP team has researched thousands of managers, performing in-depth qualitative and quantitative due diligence. In a typical year, there are approximately 150 external managers on our platform, covering almost every asset class and strategy: public equity, fixed income and liquid alternatives, hedge funds, private equity, venture capital, private real estate and commodities.
As part of our objective manager selection process, every manager selected to the CIBC Atlantic Trust platform must:
Our mission to identify best-in-class managers that can add long-term value to our clients' portfolios is achieved only through a fair assessment of these managers. CIBC Atlantic Trust does not accept compensation from external managers as part of our approval process. For some hedge funds of funds, CIBC Atlantic Trust receives a placement fee, which may be higher or lower than a client's account-level fee, and waives the account-level fee on the monies invested in that fund. This eliminates a third layer of fees on these funds of funds.
When selecting traditional strategies, we utilize quantitative and qualitative research to identify managers with strong and consistent risk-adjusted performance, a strict investment philosophy and repeatable process.
Covered Asset Classes
- U.S. Equities
- Non-U.S. Equities
- Global Fixed Income
- Liquid Alternatives
In hedge fund investments, returns have been driven by strategy and manager selection. Our goal is to construct customized hedge fund portfolios for clients using high-quality managers across a variety of strategies that are likely to provide premium returns, net of fees, within acceptable risk parameters.
Our Actively Managed Categories
Our MMIP team has approved 39 individual hedge funds and 7 funds of funds, containing approximately 200 underlying hedge funds, and actively monitors approximately 150 additional funds across the following classifications:
- Equity Long/Short
- Relative Value
- Global Trading
as of 03.30.17
When selecting private equity investments for customized client portfolios, we seek managers who can provide tax-efficient, premium returns to the public equity market. To provide broad diversification and entry, we actively invest with individual venture capital, leveraged buyout, energy and other private equity firms, as well as industry-leading fund of funds managers.
- Venture Capital
- Leveraged Buyouts
- Special Situation Funds
- Funds of Funds
as of 07.20.16
Private Real Estate
In constructing customized private real estate portfolios for clients, we seek managers who repeatedly exploit market inefficiencies through strategic acquisition and management of commercial properties, generating capital appreciation and income.
Our MMIP team sources attractive real estate managers by evaluating a fund's investment strategy, previous investments, operations, reasonable use of leverage and track record.
Responsible, Sustainable and Impact Investing
An approach to investing called RSI—“responsible, sustainable and impact investing”—seeks to create both financial return as well as positive social or environmental impacts that are actively measured. It’s a way for families to connect philanthropic vision with investing strategy.
If your assets are custodied with Atlantic Trust, please select the internal custody version of Atlantic Trust Portfolio Online to view your portfolio information.
If your assets are custodied with an external custodian, such as Schwab, Fidelity or The Bank of New York, you may access the external version of Atlantic Trust Portfolio Online.
Sponsored Funds Investors:
If you are an investor in any of the Atlantic Trust Sponsored Funds, you may access the Atlantic Trust Investor Dashboard here.
For further assistance, please contact your Atlantic Trust client service team.