RBC Global Asset Management (RBC GAM) recently announced a change in portfolio management responsibilities to the following three PH&N global and overseas equity funds:
- Phillips, Hager & North Overseas Equity Fund
- Phillips, Hager & North Global Equity Fund
- Phillips, Hager & North Community Values Global Equity Fund
Management of these mandates, previously sub-advised by Sky Investment Counsel Inc., has been transitioned to RBC GAM's London-based affiliate, RBC Global Asset Management (UK) Limited (RBC GAM-UK).
RBC GAM-UK has added significant breadth and depth of expertise across a wide range of global mandates over the past several years, most recently with the addition of a 10-person global equity team earlier this year, led by veteran portfolio manager Habib Subjally. RBC GAM-UK specializes in global, European and emerging market equities, as well as global and emerging markets fixed income. The RBC GAM-UK London office currently comprises 45 investment professionals and staff with approximately $7.4 billion in assets under management.
Additional information on this change will be included in PH&N Investment Services' Third Quarter Report 2014, which will be available to clients and on phn.com in October.