RBC BlueBay Asset Management

RBC BlueBay Asset Management (“RBC BlueBay”) represents RBC Global Asset Management, the asset management division of Royal Bank of Canada (“RBC”) outside North America.[1] RBC is among the world’s largest banks by market capitalization.[2]

RBC BlueBay Asset Management
TypeSubsidiary
Founded2001 (2001)
HeadquartersLondon, UK
ProductsSpecialist fixed income, equities, integrated ESG and impact investing.
AUMUS$149 billion (December 2022)
Websitewww.rbcbluebay.com

RBC BlueBay is an active investment manager specialising in fixed income (BlueBay), equities, integrated ESG and impact investing strategies.[3]

History

BlueBay Asset Management was founded in 2001.[4] The company was initially established to capitalise on strong growth trends in the European corporate and global emerging debt markets.

Royal Bank of Canada agreed to acquire the company in October 2010, in a deal valued at £963 million ($1.54 billion),[5] completed on 17 December 2010.  

In 2022 BlueBay Asset Management rebranded as RBC BlueBay Asset Management (“RBC BlueBay”).[6]

Operations

RBC BlueBay has investment teams in the UK, US, and Hong Kong, and clients across Europe, Asia and the Middle East through 10 regional offices.[7]

References
  1. "About Us | RBC BlueBay Asset Management". www.rbcbluebay.com. Retrieved 23 June 2023.
  2. "Helping clients thrive and communities prosper". www.rbc.com. Retrieved 23 June 2023.
  3. "About Us | RBC BlueBay Asset Management". www.rbcbluebay.com. Retrieved 23 June 2023.
  4. "BlueBay". thehedgefundjournal.com. Retrieved 23 June 2023.
  5. Patrick, Margot (18 October 2010). "RBC to Buy BlueBay for $1.54 Billion". Wall Street Journal. ISSN 0099-9660. Retrieved 23 June 2023.
  6. "When is a merger not a merger? Ask RBC BlueBay's CEO". citywire.com. Retrieved 23 June 2023.
  7. "About Us | RBC BlueBay Asset Management". www.rbcbluebay.com. Retrieved 23 June 2023.
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