RBC Global Asset Management continues to build emerging
markets capabilities in the UK
LONDON, August 10, 2010 RBC Global Asset
Management (RBC GAM), a global provider of investment management
services and solutions, today announced the latest hire to
its London-based emerging markets equity team.
Guido Giammattei has been appointed a portfolio manager on
the RBC Emerging Markets Fund and will focus on the Latin
American region. The RBC Emerging Markets Fund was launched
in April 2010, following the establishment of the RBC GAM
Emerging Markets Equity Team in January.
"Guido's strong track record and extensive background
in the Latin American market make him an invaluable addition
to our team and the RBC Emerging Markets Fund," said
Phil Langham, head of the RBC GAM Emerging Market Equity Team.
"Since the fund holds a distinct portfolio of high-quality
companies with broad geographic exposure, Canadian investors
will benefit greatly from Guido's specialized expertise in
Giammattei was previously at Rexiter Capital Management,
where he was an equity analyst and then a portfolio manager
focused on Latin American investments. He has also held positions
at State Street and HSBC.
"We look to continue enhancing our capabilities in Europe
as part of our overall objective to bring high quality global
debt and equity investment solutions to institutional and
individual investors worldwide," said Dominic Wallington,
CEO and CIO of RBC Asset Management UK Ltd.
About RBC Global Asset Management and RBC Wealth Management
RBC Global Asset Management (RBC GAM) comprises RBC Asset
Management Inc. (RBC AM), Phillips, Hager & North Investment
Management Ltd. (PH&N) and RBC Global Asset Management
(U.S.) Inc. The group of companies forms the asset management
division of Royal Bank of Canada (RBC), a global institution
with the reputation of stability and strength. RBC GAM group
of companies manage approximately C$200 billion in assets,
including over C$100 billion in IFIC-reported mutual fund
assets in Canada. PH&N won the Lipper Awards for "Best
Overall Fund Group" in 2010 and "Best Bond Fund
Family" in 2007, 2008 and 2010; RBC AM won the Lipper
Awards for "Best Bond Fund Family" in 2009 and "Best
Overall Fund Group" in 2007 and 2008. Website: www.rbcgam.com.
RBC Global Asset Management is part of RBC Wealth Management
which directly serves affluent and high net worth clients
in Canada, the United States, Latin America, Europe and Asia.
RBC Wealth Management provides integrated and diversified
international wealth management expertise and solutions, asset
management and trust services to high net worth individuals
and to corporate and institutional clients. Services provided
by RBC Wealth Management consultants, advisors, private bankers
and trust officers include trust and estate planning, tax
advice, discretionary investment management and investment
advisory services, structured solutions, banking, lending
and global custody. RBC Wealth Management has more than C$490
billion of assets under administration, nearly C$240 billion
of assets under management and more than 4,500 financial consultants,
advisors, private bankers and trust officers.
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RBC Global Asset Management Communications,
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