RBC Global Asset Management Inc. (RBC GAM) said Friday that portfolio management responsibilities for three U.S. mid-cap equity funds will transition to RBC Global Asset Management (U.S.) Inc. on November 14.
The three funds are RBC U.S. Mid-Cap Equity Fund, RBC U.S. Mid-Cap Equity Currency Neutral Fund and RBC Private U.S. Mid-Cap Equity Pool.
Ken Tyszko, senior portfolio manager for RBC GAM (U.S.), will be the lead manager of the funds. He and his team specialize in U.S. small- and mid-cap growth stocks and currently manage the mid-cap growth portion of the PH&N U.S. Multi-Style All-Cap Equity Fund.
RBC GAM (U.S.) is the institutional division of RBC GAM group of companies in the U.S. market. The firm is a registered investment adviser headquartered in Minneapolis, and has approximately US$40 billion in assets under management.