RBC Global Asset Management (RBC GAM), the asset management arm of Royal Bank of Canada (TSX:RY) Wednesday announced the appointment of Clive Brown as CEO and managing director, RBC GAM International.
In this newly created role, Brown will oversee RBC GAM’s business in Europe, the Middle East, Africa and the Asia-Pacific region excluding BlueBay Asset Management.
Officially assuming the role on October 1, Brown will be based in RBC GAM’s London office and will report to John Montalbano, CEO, RBC GAM Inc.
Brown joins RBC GAM with over 30 years’ experience in the financial services industry, including 21 years at JP Morgan Asset Management, where he held a number of senior roles, most recently as global chief operating officer and chairman of Asia, based in Hong Kong, and prior to that as CEO of JP Morgan Asset Management International. He started his career in 1982 at Price Waterhouse where he qualified as a Chartered Accountant.
RBC GAM has over $335 billion in assets under management globally, as at April 30. With sales and distribution teams located throughout Europe and in Hong Kong, RBC GAM offers a full spectrum of investment solutions for institutional and individual investors including mutual funds, exchange-traded funds, hedge funds, pooled funds, separate accounts and specialty investment strategies.