Based in Hong Kong, Nallamala will take charge of RBC’s Asian equity assets portfolio worth $1.5bn. He will also lead a team of portfolio managers and analysts in Hong Kong and will provide insight on Asian equities and the economies of the region to support RBC GAM’s global investment management strategies.
Nallamala will work with managing director and a former colleague Adam Matthews, who joined RBC in 2011.
He spent eight years with JP Morgan managing assets worth $4bn in Asia Pacific ex-Japan mandates for sovereign wealth, institutional and retail clients around the world.
“As a global organization with over $290bn in assets under management and bold expansion plans, adding to our capabilities in Asia is an important priority for us,” said Damon Williams, head, institutional investments.
