RBC Global Asset Management Inc. announces October sales results for RBC Funds, PH&N Funds and BlueBay Funds
CANADIAN DAILY STOCK REPORT
Corporate Wire Date: 06 November 2018 14:31 EST
ORIGINAL ANNOUNCEMENT [Text]
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...