MINNEAPOLIS, MN, Dec. 10, 2018 /PRNewswire/ - RBC Global
Asset Management (RBC GAM) today announced plans to strengthen
its commitment to responsible investing and impact investing in
the United States. The company is
establishing two new senior management roles to expand on its
current efforts to bring relevant investment solutions and
knowledge to US responsible investment and impact investment
clients.
Ron Homer, Managing Director,
Institutional Portfolio Manager and President, Access Capital
Strategies has assumed the new role of Chief Strategist of Impact
Investing for the US and Catherine Banat, Institutional Portfolio
Manager has assumed the new role of Director of Responsible
Investing in the US.
Ron will be responsible for educating investors on the potential
role of impact investments in their portfolios and working with
clients and prospects to match their unique investment objectives
with relevant solutions. Ron will also support the fixed
income investment teams with developing innovative impact
investment capabilities at the firm. He will continue to be
based in Boston.
Catherine will lead the development of RBC GAM's responsible
investing distribution platform in the US. She will work with
clients and prospects to identify their responsible investing
goals. Catherine will also collaborate on behalf of US clients with
Judy Cotte, VP and Head of Corporate
Governance and Responsible Investment at RBC GAM. She will
continue to be based in New York City.
"We are pleased to have two experienced leaders supporting the
responsible investing and impact goals of our US-based clients,"
said Mike Lee, Global Head of
Institutional Business at RBC GAM. "These new roles will align the
expertise within our organization with the evolving needs of our
clients and investment consultants."
Before joining RBC GAM, Ron was co-founder and chief executive
officer of Access Capital Strategies LLC, an investment adviser
specializing in community investments that was acquired by RBC
GAM-US in 2008. Since then, Ron has led RBC GAM's impact investing
efforts and has ensured that investment solutions are implemented
based on each client's customized impact requirements.
Catherine joined RBC GAM in 2014 and has played a key role in
the development and enhancement of relationships with impact
investing clients. Catherine has also served as a key
spokesperson for RBC GAM's Responsible Investing commitment and
products. Prior to joining RBC GAM, Catherine has held leadership
roles at the New York City Retirement Systems, Bureau of Asset
Management and at Goldman Sachs, Lehman Brothers, Paloma Partners
and C3 Capital.
RBC GAM has more than 175 employees throughout the
United States, including offices
in Boston, Minneapolis, New
York and Chicago, as well as an RBC GAM affiliate
in Stamford, Connecticut.
About RBC Global Asset Management (RBC GAM)
RBC Global
Asset Management (RBC GAM) is the asset management division of
Royal Bank of Canada (RBC) and
includes BlueBay Asset Management and Phillips, Hager & North
Investment Management. RBC GAM is a provider of global investment
management services and solutions to institutional, high-net-worth
and individual investors through separate accounts, pooled funds,
mutual funds, hedge funds, exchange-traded funds and specialty
investment strategies. The RBC GAM group of companies manage more
than $330 billion USD in assets and
have approximately 1,400 employees located across Canada, the United
States, Europe and
Asia.
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SOURCE RBC