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RBC Wealth Management boosts investment team


RBC Wealth Management, part of Royal Bank of Canada, has appointed George King as head of portfolio strategy and head of investment consulting.

The hire is one of three senior appointments to RBC Wealth Management’s London-based investments team.

Joining King are Pedro Ferreira, senior investment adviser, and Josef Portelli, head of discretionary fixed income portfolios.

All three will report to Tracy Maeter, head of investments, RBC Wealth Management.

Maeter says: “These key appointments will help further strengthen our investments platform, which forms a crucial part of our integrated offering for high net worth and ultra high net worth clients. Our clients will benefit greatly from George, Pedro and Josef’s considerable investment experience. I look forward to working with them to extend our advisory and discretionary investment capabilities.”

King has over 20 years’ research and portfolio management experience in the US and UK, including at Alliance Bernstein, where he was latterly senior vice president and senior portfolio manager and responsible for recommending and instituting asset allocation and investment policy for UK and global platform clients. He joins RBC Wealth Management from Barclays Wealth, where he held the position of director, investment advisory team and previously held positions at Credit Suisse First Boston and Conseco Capital Management.

Ferreira joins from the private banking unit of Banco Comercial Português where he was an investment adviser. He was previously a private banker, focusing on Portuguese clients at Millenniumbcp Private Bankers.

Portelli was previously a portfolio manager, fixed income at ACPI Investment Managers where he managed a multi currency fixed income fund and bespoke portfolios.

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