RBC Global Asset Management is boosting its commitment to responsible investing and impact investing in the U.S. even as RBC Wealth Management–U.S. launches its Client Risk Prevention Division.
RBC GAM announced that it is establishing two new senior management roles to expand on current efforts to bring relevant investment solutions and knowledge to U.S. responsible investment and impact investment clients.
Ron Homer, managing director, institutional portfolio manager and president, Access Capital Strategies, has assumed the new role of chief strategist of impact investing for the U.S. In this role, he will be responsible for educating investors on the potential role of impact investments in their portfolios and working with clients and prospects to match their unique investment objectives with relevant solutions.
In addition, he will also support the fixed income investment teams with developing innovative impact investment capabilities at the firm. He will continue to be based in Boston.
Catherine Banat, institutional portfolio manager, has assumed the new role of director of responsible investing in the U.S. She will lead the development of RBC GAM's responsible investing distribution platform in the U.S., and will work with clients and prospects to identify their responsible investing goals.
In addition, she will collaborate on behalf of U.S. clients with Judy Cotte, vice president and head of corporate governance and responsible investment at RBC GAM. She will continue to be based in New York.