Voyageur Asset Management Inc. changed its name to RBC Global Asset Management (U.S.) Inc., (RBC GAM (U.S.), effective Dec. 31, 2009.

The firm’s name change represents another step in its evolution into the U.S. institutional client platform of RBC Global Asset Management that began in 2008.

RBC Global Asset Management comprises the three asset management firms owned by Royal Bank of Canada: RBC GAM (U.S.), RBC Asset Management Inc., and Phillips, Hager & North Investment Management Ltd. RBC Global Asset Management has combined assets of more than $200 billion as of Oct. 31, 2009 and offices in the U.S., Canada, Europe and Asia.

IE