RBC's Wealth Management international division wins 2009
Private Asset Management Award
March 2009 – The international division of RBC
Wealth Management in the British Isles has won the award for
Best Investment Performance, Defensive Portfolios at the 2009
Private Asset Management (PAM) awards
The PAM awards, which celebrate and recognise top asset management
firms, were held at London's prestigious Dorchester hotel
on Thursday 5th March, 2009. RBC's Edward Upsdell, Managing
Director, Discretionary Investments, London, was there to
collect the award.
"We won this award because of our disciplined investment
philosophy and process, delivering sound performance without
taking on undue risk and it is great to see our internal discretionary
offering being recognised at these awards."
"The conservative approach we take to portfolio construction
is showing its worth in these difficult markets," he
said.
The PAM awards, regarded as the Oscars of the asset management
industry in the UK, are entered by firms including private
banks, fund managers and stockbrokers and this year a record
43 firms submitted entries. The entries, across 11 categories,
are scored and ranked by a panel of industry experts before
being shortlisted and finally awarded. This is the first PAM
award won by RBC Wealth Management.
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