/R E P E A T -- RBC Global Asset Management adds new global equity team in London/

/R E P E A T -- RBC Global Asset Management adds new global equity team in 
LONDON AND TORONTO, Jan. 14, 2014 /CNW/ - RBC Global Asset Management (RBC 
GAM) today announced the addition of 10 global equity specialists to its 
investment management team at RBC Global Asset Management (UK) Limited (RBC 
GAM-UK) in London. The team of specialists, led by Habib Subjally, join from 
First State Investments (UK) Limited where they previously managed US$2.5 
billion in a variety of global equity strategies for institutions and private 
clients over the past eight years. Mr. Subjally will assume the position of 
senior portfolio manager and head of Global Equities. Neil Abbott, Luis 
Benoliel, Marcus Lun, Jeremy Richardson, Julie Thomas, Dag Wetterwald, Perry 
Winfield and Ben Yeoh are joining as senior portfolio managers, and Romain 
Scampini will join as portfolio manager. 
"These expanded capabilities complement our existing breadth and depth of 
expertise across a wide range of global mandates, with a direct benefit to the 
individual and institutional investors we serve," said John Montalbano, chief 
executive officer, RBC GAM. "The addition of this team brings considerable new 
strength to RBC Global Asset Management's expertise in global equity 
Over the past eight years, Mr. Subjally was head of Global Equities and led 
the global equity team at First State Investments. He holds a Bachelors degree 
from the London School of Economics and the Chartered Accountant and ASIP 
designations. The core of his team has worked together for the last seven 
years, with an average tenure of 16 years in the industry. 
"RBC GAM's investment approach is characterized by fundamental research and 
rigorous discipline, along with a focus on risk management and portfolio 
construction, all within a team-oriented structure," said Dan Chornous, chief 
investment officer, RBC Global Asset Management Inc. "Habib and his team fit 
seamlessly with our approach, as demonstrated by their strong investment 
results and stability of returns, with notably solid performance in down 
The new global equity team joins investment professionals at RBC GAM-UK 
specializing in emerging markets and European equities, as well as global and 
emerging markets fixed income. In total, the London office currently comprises 
34 investment professionals and staff (including five from the new global 
equity group). That number will grow to 39 when Mr. Subjally and the remaining 
members join in early March. 
"As a global organization with over C$300 billion in assets under management, 
RBC GAM is committed to continually growing our capabilities," said Mr. 
Montalbano. "Our growth trajectory - including organic growth as well as 
successful acquisitions such as BlueBay Asset Management in 2010 - reflects 
our commitment to bringing world-class expertise to our investment solutions 
and, ultimately, to our clients." 
About RBC Global Asset Management and RBC Wealth Management 
RBC Global Asset Management (RBC GAM) is the asset management division of 
Royal Bank of Canada (RBC), and includes institutional money managers BlueBay 
Asset Management LLP, Phillips, Hager & North Investment Management, RBC 
Global Asset Management (U.S.) Inc., and RBC Global Asset Management (U.K.) 
Limited. RBC GAM is a provider of global investment management services and 
solutions to individual, high-net-worth and institutional investors through 
exchange-traded funds, hedge funds, mutual funds, pooled funds, separate 
accounts and specialty investment strategies. RBC GAM group of companies 
manage more than C$300 billion in assets and have approximately 1,100 
employees located across Canada, the United States, Europe and Asia. 
RBC Global Asset Management is part of RBC Wealth Management, which is one of 
the world's top 10 largest wealth managers*. RBC Wealth Management directly 
serves affluent, high-net-worth and ultra-high net worth clients in Canada, 
the United States, Latin America, Europe, the Middle East, Africa, and Asia 
with a full suite of banking, investment, trust and other wealth management 
solutions. The business also provides asset management products and services 
directly and through RBC and third party distributors to institutional and 
individual clients, through its RBC Global Asset Management business (which 
includes BlueBay Asset Management). RBC Wealth Management has more than C$639 
billion of assets under administration, more than C$387 billion of assets 
under management and over 4,400 financial consultants, advisors, private 
bankers, and trust officers. For more information, please visit 
*Scorpio Partnership Global Private Banking KPI Benchmark 2013. In the United 
States, securities are offered through RBC Wealth Management, a division of 
RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada. 

Canada Connie Soave, RBC GAM Communications, 416 955-0577 Leah Commisso, RBC 
GAM Media Relations, 416 955-6498 
U.K. Lily Sheringham, Brunswick Group, +44 (0) 2074045959 
U.S. Taylor Watson, Brunswick Group, +1 212 333-3810 
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-0- Jan/14/2014 13:00 GMT
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