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RBC Global Asset Management Inc. seeks new sub-advisor for RBC Private U.S. Growth Equity Pool

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TORONTO, Jan. 9, 2026 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced that it has begun a search to identify a replacement sub-advisor for RBC Private U.S. Growth Equity Pool (the

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AI Summary

RBC GAM Inc. seeks a new sub-advisor for its growth equity pool. Brown Advisory, LLC remains until a replacement is found. RBC GAM ensures smooth transition in investment management. RBC manages approximately $790 billion in assets globally. The move may influence investor confidence in RBC's asset management.

Sentiment Rationale

This announcement shows active management but lacks immediate financial implications, similar to past advisory changes without major impact.

Trading Thesis

Investor sentiment may fluctuate during advisor transition, but long-term stability remains unaffected.

Market-Moving

  • RBC GAM Inc. seeks a new sub-advisor for its growth equity pool.
  • Brown Advisory, LLC remains until a replacement is found.
  • RBC GAM ensures smooth transition in investment management.

Key Facts

  • RBC GAM Inc. seeks a new sub-advisor for its growth equity pool.
  • Brown Advisory, LLC remains until a replacement is found.
  • RBC GAM ensures smooth transition in investment management.
  • RBC manages approximately $790 billion in assets globally.
  • The move may influence investor confidence in RBC's asset management.

Companies Mentioned

  • BMO (BMO)
  • TD (TD)
  • CM (CM)
  • NA (NA)

Corporate Developments

While important, the advisory change is routine and doesn't fundamentally alter RBC's business model or performance.

TORONTO, Jan. 9, 2026 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced that it has begun a search to identify a replacement sub-advisor for RBC Private U.S. Growth Equity Pool (the "Pool"). Brown Advisory, LLC will continue its role as sub-advisor to the Pool until another sub-advisor is identified. RBC GAM Inc. will provide investment management oversight for the Pool to ensure a smooth transition.

Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. RBC Funds, BlueBay Funds and PH&N Funds are offered by RBC GAM Inc. and distributed through authorized dealers in Canada. RBC GAM Inc. is a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada.

About RBC

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 100,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.‎

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

About RBC Global Asset Management

RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). 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. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $790 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

For more information, please contact:

Brandon Dorey, RBC GAM Corporate Communications, 647-262-6307

SOURCE RBC Global Asset Management

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2026/09/c6459.html

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