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RBC Global Asset Management Inc. announces October sales results for RBC Funds, PH&N Funds and BlueBay Funds

Nov 07, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Corporate Wire Date: 06 November 2018 14:31 EST

ORIGINAL ANNOUNCEMENT [Text]

Canada NewsWire

TORONTO, Nov. 6, 2018

TORONTO, Nov. 6, 2018 - RBC Global Asset Management Inc. (RBC GAM Inc.) today announced October mutual fund net redemptions of $545 million. Long-term funds had net redemptions of $594 million and money market funds had net sales of $49 million. Mutual fund assets under management decreased by 3.7 percent.

"As market vo...