RBC Asset Management Inc. today announced two changes to its RBC Private Pools line-up.
Aletheia Research and Management, Inc. of Santa Monica, Calif. has been appointed as sub-advisor for the RBC Private U.S. Growth Equity Pool effective August 22.
Founded by Peter Eichler Jr. and Roger Peikin, Aletheia draws on a proprietary investment model that utilizes information from regulatory filings and corporate actions, forensic balance sheet analysis and industry research in its investment approach to discover attractive growth opportunities.
“Aletheia is an excellent asset manager with a disciplined and distinctive growth-driven investment philosophy,” said Dan Chornous, chief investment officer, RBC Asset Management Inc., in a release.
RBC also announced that effective October 24, it is terminating the RBC Private RSP U.S. Large Cap Index Pool and the RBC Private RSP International Index Pool. This is in response to the approval of Bill C-43, which allows unlimited foreign content in registered tax-deferred plans.