MINNEAPOLIS, June 7, 2023
/PRNewswire/ - RBC Global Asset Management-U.S. ("RBC GAM- U.S.")
today announced that its RBC Emerging Markets Equity Fund ("the
Fund") was the winner of two 2023 Envestnet Asset Manager Awards in
the Global, International, and Emerging Market Fund category and
the Sustainable Fund category.
These awards recognize high-conviction portfolio managers who go
above and beyond for investors and demonstrate excellence in
portfolio management. Envestnet | PMC 's systematic,
proprietary, and multi-factor methodology for this awards program,
now in its 19th year, incorporates a variety of
qualitative and quantitative criteria to identify award finalists
from among the thousands of managers on the Envestnet platform.
The RBC Emerging Markets Equity Fund, which is managed by
Phillippe Langham, senior portfolio
manager & head of Emerging Markets Equities at RBC Global Asset
Management (UK) Limited, invests primarily in equity securities of
companies located or active in emerging markets. The Fund is
designed for investors seeking potential long-term growth from
their investment, who are seeking to diversify their portfolio to
include growth opportunities in emerging markets and who are
planning to hold their investment for the long term.
Environmental, social and governance ("ESG") considerations are
integrated into RBC GAM's investment process for the Fund. RBC
GAM's ESG analysis framework focuses on the economic activities and
operational conduct of its equity investments, and considers a
range of ESG factors including, but not limited to, corporate
governance, employee health and safety, human rights, and
environmental management, where material.
"We are honored that Envestnet has recognized our Fund for two
distinguished awards," said Mr. Langham. "Where our RBC Emerging
Markets Equity Fund is suited for investors who are interested in a
strategy that incorporate ESG factors in its investment process and
invests in emerging markets, we are very pleased to be recognized
for our excellence in both ESG and emerging markets."
Envestnet | PMC selected RBC GAM's Fund after evaluating its
investment process and style, customer service, tax efficiency,
performance, composite, and firm profile, among many other
criteria. To be eligible for an Envestnet Asset Manager Award,
managers must be broadly available on the Envestnet platform. They
also need to have at least $100
million in assets under management, and a three-year track
record.
"Envestnet offers access to thousands of investment strategies
for investors, broker-dealers, and RIAs," said Dave Eikenberg, head of U.S. Intermediary and
Subadvisory Sales at RBC Global Asset Management-U.S. "For RBC
Global Asset Management to be selected from among thousands of
other investment managers on the Envestnet platform is a testament
to both our investment team and our commitment to client
service."
The two Envestnet Asset Manager Awards were presented to RBC GAM
during the Envestnet Summit 2023 — Elevate at the Colorado Convention Center in Denver, CO on April
26.
More information about RBC GAM's U.S. mutual funds can be found
at
https://us.rbcgam.com/mutual-funds/default.fs.
About RBC Global Asset
Management
RBC Global Asset Management (RBC GAM) is the asset
management division of Royal Bank of Canada (RBC) and
includes money managers BlueBay 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
approximately $412 billion USD in assets and have
approximately 1,500 employees located across Canada, the
United States, Europe and Asia.
About Envestnet
Envestnet is transforming the way financial advice is delivered
through an ecosystem of technology, solutions, and intelligence. By
establishing the connections between people's daily financial
decisions and long-term financial goals, Envestnet empowers them to
make better sense of their finances and live an Intelligent
Financial Life™. With $5 trillion in
platform assets, approximately 106,000 advisors, 16 of the 20
largest U.S. banks, 47 of the 50 largest wealth management and
brokerage firms, more than 500 of the largest RIAs, and thousands
of companies depend on Envestnet technology and services to help
drive better outcomes for their businesses and for their
clients.
Envestnet refers to the family of operating subsidiaries of the
public holding company, Envestnet, Inc. (NYSE: ENV). For more
information on Envestnet, please visit www.envestnet.com and follow
us on Twitter (@ENVintel).
Mutual fund investing involves risk. Principal loss is
possible. The Fund invests in foreign securities, which involve
greater volatility and political, economic, and currency risks, and
differences in accounting methods. These risks may be greater in
emerging markets. The Fund's consideration of ESG factors could
cause it to perform differently compared to funds that do not take
ESG factors into account.
Before investing, you should carefully consider a fund's
investment objectives, risks, charges and expenses. This and other
information is included in the prospectus, which you can find on
the Document Library page or by calling
800-422-2766. Please read the prospectus carefully before
investing.
RBC Global Asset Management (U.S.) Inc. is the Adviser for the
RBC Funds Trust. The Funds are distributed by Quasar Distributors,
LLC. Securities are offered through RBC Wealth Management, a
division of RBC Capital Markets, LLC, member NYSE/FINRA/SIPC.
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SOURCE RBC Global Asset Management (U.S.)
