RBC Asset Management Inc. has announced it is on the hunt for a new sub-advisor for its RBC Private U.S. Small Cap Equity Pool.
The current advisor firm, Byram Capital Management LLC, will continue its role as sub-advisor on the Pool until a new sub-advisor is identified.
There is no word on reasons for the split, but RBC says it will continue to provide investment management oversight for the Pool to ensure a smooth transition.