RBC Global Asset Management Opens the Market

Trevor Cummings, Head, Business Development, Exchange Traded Funds, RBC Global Asset Management, joined TMX Group to open the market to launch RBC U.S Banks Yield Index ETF (RUBY). 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 and Phillips, Hager & North Investment Management. RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies.