Today it was announced that the company would be expanding its Luxembourg-domiciled SICAV range with the addition of RBC Funds (Lux) – Asia Ex-Japan Fund.
Sub-advised by RBC Investment Management (Asia), the fund will be managed by Mayur Nallamala, senior portfolio manager and head of Asian equities, RBC GAM in Hong Kong.
The new fund will enable global investors to access the growing economies and markets in Asia, which remains one of the fastest-growing regions in the world.
It also aims to provide long-term capital appreciation by investing in equity securities of companies located in or conducting a substantial portion of their business in Asia, excluding Japan.
Chief investment officer for RBC GAM, Dan Chornous, said: “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.
In August, RBC GAM appointed Anne-Sophie Girault as Europe, Middle East, and Africa managing director for business development.
