New Products
RBC GAM Adds Asia Ex-Japan Fund To Luxembourg-Based Range
RBC Global Asset Management, part of Royal Bank of Canada, has added the RBC Funds (Lux) - Asia Ex-Japan Fund to its Luxembourg-domiciled SICAV range.
RBC Global Asset Management, part of Royal Bank of Canada, has added the RBC Funds (Lux) - Asia Ex-Japan Fund to its Luxembourg-domiciled SICAV range.
The new fund is sub-advised by RBC Investment Management (Asia) and managed by Mayur Nallamala, senior portfolio manager and head of Asian Equities, RBC GAM in Hong Kong, a statement from the firm said yesterday.
“Today’s announcement reflects the strengthened capabilities and
expertise RBC GAM has added over the past several years,
including the recent build-out of our investment team based in
Hong Kong,” said Dan Chornous, chief investment officer, RBC
GAM.
Nallamala, who joined RBC from JP Morgan Asset Management last
year, oversees more than $1.8 billion in assets at RBC GAM (as at
June 30, 2014) and has previously managed $4 billion in Asia
Pacific ex-Japan mandates for sovereign wealth, institutional and
retail clients.
The latest launch brings RBC GAM’s offering of UCITS funds to 13. Last month RBC GAM rolled out the RBC Funds (Lux) - Global Equity Focus Fund, sub-advised by RBC GAM (UK) Limited and managed by Habib Subjally, senior portfolio manager and head of global equities, RBC GAM in London.
