By Ivan Anderzhanov
RBC Asset Management is making its emerging markets fund available to Canadian investors seeking returns “beyond” the emerging BRIC rainbow of economies.
Doug Coulter, president of RBC Asset Management, claimed the fund provides investors with a “low-fee emerging market investment” of companies broadly diversified “beyond the typical offerings of Brazil, Russia, India and China (‘BRIC’).”
The fund is managed by London-based Phil Langham, senior portfolio manager and head of the emerging markets team for RBC.
The Canadian group’s wealth management arm last year opened an office in Moscow, as reported in Emergingmarkets.me.
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