| RBC BlueBay Asset Management | |
| Type: | Subsidiary |
| Location: | London, UK |
| Products: | Specialist fixed income, equities, integrated ESG and impact investing. |
| Aum: | US$149 billion (December 2022) |
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 is an active investment manager specialising in fixed income (BlueBay), equities, integrated ESG and impact investing strategies.[3]
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]
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]