| |
RBC Global Asset Management awarded multiple distinctions
at the Canadian Investment Awards
TORONTO, December 2, 2010 — RBC Global Asset
Management Inc. (RBC GAM) was awarded multiple distinctions
at the 16th annual Canadian Investment Awards gala held last
night in Toronto, Canada.
"It is a tremendous honour to be recognized among our
peers in the industry," said Doug Coulter, President
of RBC GAM. "These awards reflect the consistent diligence
and dedication of our investment professionals, who continually
endeavour to deliver exceptional value to our clients. Congratulations
to the teams, and thank you to the investors, advisors and
analysts that continue to support us."
Among the company awards, RBC GAM received the Bronze for
the Analysts' Choice Investment Fund Company of the Year.
This award was selected by the Investment Fund Analyst Committee,
a group of independent industry analysts. The group identifies
fund companies based on excellence in key areas, such as performance
and risk, management, breadth of offerings, community investment,
industry service, investor and advisor education, fund governance
and communication to investors. Additionally, RBC Direct Investing,
an RBC GAM distribution partner, garnered the Bronze in the
Best Discount Brokerage category.
RBC FundsTM and PH&N Funds that received industry recognition
included:
|
FUND
CATEGORY
|
FUND
|
AWARD
|
| Best
High Yield Fixed Income Fund |
RBC
Global High Yield Fund |
Winner |
| Best
Opportunistic Hedge Fund |
PH&N
Absolute Return Fund |
Winner |
| Best
Canadian Balanced Fund |
RBC
Monthly Income Fund |
Silver |
| Best
Canadian Fixed Income Fund |
PH&N
Bond Fund |
Silver |
| Best
Global Fixed Income Fund |
RBC
Global Bond Fund |
Bronze |
| Best
Healthcare Equity Fund |
RBC
Global Health Sciences Fund |
Bronze |
| Best
Precious Metals Equity Fund |
RBC
Global Precious Metals Fund |
Bronze |
To be considered for an award, investment funds and firms
must meet stringent criteria. Panels of industry experts review
performance, focusing on the three-year performance history,
the quantitative performance of a fund on an absolute basis,
as well as various measures of risk and diversification benefits.
The panels also weigh qualitative factors such as management
quality, availability and fee structure. Results are returned
to an audit team for final review. Winner, Silver and Bronze
are identified in the fund categories.
The CIA is the only national event of its kind in Canada
that reflects the collective efforts of a broad range of industry
experts, advisors and investors within the Canadian financial
services industry. The awards recognize leadership in the
investment industry and represent a wide range of investment
products, including mutual funds, pooled funds and hedge funds.
About RBC Global Asset Management and
RBC Wealth Management
The RBC Global Asset Management (RBC GAM) brand comprises
investment services and solutions offered by RBC Global Asset
Management Inc., RBC Global Asset Management (U.S.) Inc.,
RBC Asset Management U.K. Ltd. and RBC Investment Management
(Asia) Ltd. The group of companies form 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 (US$203B,
£129B or €149B) in assets as of October 31, 2010.
RBC Global Asset Management Inc. is the manager of RBC Funds
and PH&N Funds. PH&N Funds won the Lipper Awards for
"Best Overall Fund Group" in 2010 and "Best
Bond Fund Family" in 2007, 2008 and 2010; RBC Funds won
the Lipper Awards for "Best Bond Fund Family" in
2009 and "Best Overall Fund Group" in 2007 and 2008.
Lipper Fund Awards were awarded based on the best risk-adjusted
performance over the three-year periods ended December 31
of the previous year. 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 approximately
$500 billion of assets under administration, $250 billion
of assets under management and more than 4,500 financial consultants,
advisors, private bankers and trust officers.
- 30 -
For more information, please contact:
Yen To, RBC Global Asset Management Communications,
416 955-5916
Elyse Lalonde, RBC Media Relations, 416 974-8810
|
|
