Westwood Management Corp. has been appointed as sub-advisor for the RBC Private U.S. Value Equity Pool, RBC Asset Management Inc. said Tuesday.
The appointment is effective July 1.
Westwood was founded in 1983 with a focus on serving primarily institutional clients. The firm manages over US$7 billion in assets with a value-oriented approach to investing in U.S. large cap, U.S. small and mid cap and U.S. small cap equities.
IE
LongPoint will focus on white labelling and also plans to launch its own passive ETFs
Asset managers anticipate explosive growth in the AI market
Total inflows for Canadian ETFs has hit $19 billion for the year to date
Investor decries lack of communication throughout cease-trade order, and recommends increased due diligence when choosing funds
Given several complicating factors, waiting until the last minute is a bad idea, tax experts say
Capital gains not flowed out to beneficiaries are "trapped" in the trust at death
Feds won't change tax treatment for REITs, and the status of other major tax proposals from the Trudeau government
Brighter earnings prospects underpin growing optimism, survey finds