Oct. 26 (Bloomberg) -- Canadian Imperial Bank of Commerce, the country’s fifth-biggest bank, reassigned three money managers at its mutual funds after Gaelen Morphet left the bank.

CIBC Asset Management gave new mandates to David Graham, Domenic Monteferrante and Luc de la Durantaye, the Toronto-based bank said today in a Canada NewsWire statement. The changes affect funds including the CIBC Balanced Fund, CIBC Dividend Income Fund and the Renaissance Canadian Monthly Income Fund.

For Related News and Information: Top Canadian Stories: TOPC <GO> Stories on Canadian banks: TNI CANADA BNK <GO> CIBC stories: CM CN <Equity> CN BN <GO>

Last Updated: October 26, 2009 17:16 EDT