RBC Global Asset Management, the asset management division of the Royal Bank of Canada, announced Monday four new equity funds.
RBC GAM said in a statement that the RBC Global Equity Fund, RBC U.S. Equity Value Fund, RBC Japanese Equity Fund and RBC Asia Pacific Ex-Japan Equity Fund are now available for purchase by retail and institutional investors in Canada.
The firm’s global equity fund, which invests primarily in securities of large global companies, will be managed by RBC GAM's London-based global equity team, while its U.S. equity value strategy offers investors exposure to “quality” U.S. companies.
The Japanese equity fund invests in equity securities of Japanese companies, while the Asia-Pacific ex-Japan equity offering invests in companies located or having a principal business interest in the region, excluding Japan.
RBC GAM manages more than $315 billion in assets, and has about 1,200 employees in offices across Canada, the U.S., Europe and Asia.