An anonymous director reports
RBC GLOBAL ASSET MANAGEMENT INC. ANNOUNCES CHANGES TO FOUR INTERNATIONAL AND GLOBAL EQUITY FUNDS
Royal Bank of Canada.'s RBC Global Asset Management Inc. has made changes to four international and global equity funds. Effective mid-August, 2014, portfolio
management responsibilities for Phillips Hager & North Overseas Equity
Fund; Phillips Hager & North Overseas Equity Pension Trust; Phillips
Hager & North Global Equity Fund; and Phillips Hager & North Community
Values Global Equity Fund will transition to RBC Global Asset
Management (U.K.) Ltd. in London.
RBC Global Asset
Management (U.K.) specializes in global, European and emerging market equities,
as well as global and emerging markets fixed income. In total, the
London office currently comprises 45 investment professionals and staff
and has approximately $7.4-billion in assets under management.
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