RBC Asset Management Inc. today announced that effective November 29, Mondrian Investment Partners Limited has been appointed as sub-advisor for the RBC Private EAFE Equity Pool.

With over US$28 billion under management, Mondrian Investment Partners is among the largest active managers of international and global assets for U.S. institutional investors.

According to RBC Asset Management, Mondrian uses a team-based approach to investment analysis and portfolio construction, with a long-term value investment philosophy emphasizing absolute returns rather than relative performance.

“Mondrian Investment Partners is a superb asset manager, with a disciplined and distinctive value-driven philosophy,” said Brenda Vince, president, RBC Asset Management, in a release. “We are very pleased to add this quality manager to our line-up of sub-advisors available to our high net worth clients.”