RBC Global Asset Management (RBC GAM) has added 10 global equity specialists to its investment management team in London.
The team of specialists, led by Habib Subjally, join from First State Investments (UK) Limited where they previously managed USD2.5bn in a variety of global equity strategies for institutions and private clients over the past eight years.
Subjally will assume the position of senior portfolio manager and head of global equities. Neil Abbott, Luis Benoliel, Marcus Lun, Jeremy Richardson, Julie Thomas, Dag Wetterwald, Perry Winfield and Ben Yeoh are joining as senior portfolio managers, and Romain Scampini will join as portfolio manager.
"These expanded capabilities complement our existing breadth and depth of expertise across a wide range of global mandates, with a direct benefit to the individual and institutional investors we serve," says John Montalbano, chief executive officer, RBC GAM. "The addition of this team brings considerable new strength to RBC Global Asset Management's expertise in global equity management."
Over the past eight years, Subjally was head of global equities and led the global equity team at First State Investments. The core of his team has worked together for the last seven years, with an average tenure of 16 years in the industry.
The new global equity team joins investment professionals at RBC GAM-UK specialising in emerging markets and European equities, as well as global and emerging markets fixed income. In total, the London office currently comprises 34 investment professionals and staff (including five from the new global equity group). That number will grow to 39 when Subjally and the remaining members join in early March.