RBC Global Asset Management and its subsidiary BlueBay Asset Management have expanded their European footprint with the opening of an office in the Netherlands.
It is intended to help the firms serve both Benelux and Nordic investors more closely and further strengthen their presence in continental Europe.
The move follows the appointment of Kornelis Buursma in February as director of business development for the Benelux region, and Rami Salminen who joined earlier in March as director of business development for the Nordics region.
Both Buursma and Salminen will be based in the Amsterdam branch.
Two birds with one stone
Combined, RBC AM and BlueBay manage over C$600bn (€433bn) in assets and the Amsterdam office will support both RBC AM’s equity clients, as well as the fixed income clients of BlueBay.
Anthony Pickering, global head of business development, said: “We have been working with investors in the Benelux and Nordic regions for many years, but opening more local offices, combined with local and experienced people on the ground will now help us to enhance these important relationships and better serve the needs of our clients.
“I am also excited about the new opportunities this office will create for us to continue to grow our client base in these two key regions.”