From the company’s Hong Kong office, Tam will oversee RBC GAM’s business in the Asia Pacific region to help expand the business internationally.
“The Asia- Pacific region is an important component of RBC Global Asset Management’s international growth plans,” said Tam’s new boss, chief executive of RBC GAM International Clive Brown.
Prior to his new role as managing director for RBC Investment Management in Asia, Tam worked as head of Deutsche Asset & Wealth Management’s global client group, and held senior roles at JP Morgan Asset Management.
Global growth
The Canadian fund house said this announcement reflects a continuation of its global growth trajectory, pointing to its various acquisitions over the years, including Voyageur Asset Management in the US, Phillips, Hager & North Investment Management in Canada, and BlueBay Asset Management in the UK.
London-based Brown said he expects Tam’s experience in the Asian asset management industry to help RBC GAM continue to grow and enhance its service to clients in the region.
He added: “This is an exciting time for RBC GAM, our clients and our employees as we draw on the expertise and client-focused service we are known for in North America and expand those capabilities globally.”
Former Asia chief, Adam Matthews, has decided to relocate to Europe, but will be staying with RBC GAM until the end of the year to ensure there is a smooth handover.
