RBC Asset Management Inc. has begun a search to identify a replacement sub-advisor for its RBC Private U.S. Value Equity Pool, the company said Monday.Boyar Asset Management Inc. will continue its role as sub-advisor on the pool until another sub-advisor is identified.RBC Asset Management will continue to provide investment management oversight for the pool to […]
RBC Canadian Diversified Income Trust Fund, RBC DS North American Focus Fund
Study measure client service at fund companies
New alternative to cash for risk-averse investors
The management expense ratio (MER) for RBC Target 2010 Education Fund was reduced from 1.55% to 1% effective Jan. 1, RBC Asset Management Inc. said Tuesday.The RBC Target Education Funds gradually shift their asset mix from an emphasis on equity funds to drive growth in their early years to fixed income and money market funds […]
Bank cuts GDP growth forecast to zero for 2009
Deal advances strategy to build business of integrated private wealth management services to international clients
RBC Royal Bank is cutting its residential mortgage rates effective Nov. 26, and is introducing three new mortgage rate offers, the bank announced Wednesday.The bank is dropping its posted mortgages by 25 to 75 basis points, depending upon the term of the mortgage. For example, the rate for a six-month open mortgage drops 25 bps […]
Coulter appointed president, RBC AM; Williams appointed president, PH&N
Two new funds options added to Guaranteed Investment Portfolio