RBC Global Asset Management continues to strengthen its U.S. institutional sales and consultant relations team

MINNEAPOLIS, Nov. 30, 2016 /PRNewswire/ - RBC Global Asset Management (RBC GAM) today announced the hire of four institutional professionals and one internal promotion. The new hires include Linh Pham DiPippa as Managing Director of Institutional Sales, Tessa Shakon as Senior Analyst for Alternative Sales, Michael Poremba as Managing Director of Consultant Relations, and Jason Pasquinelli as Senior Consultant Relations Manager. In addition to expanding the team, RBC GAM is pleased to announce the promotion of Christopher J. Powers to Director of Institutional Business and Development.

"At RBC Global Asset Management, we are committed to building out our multi-channel distribution capabilities to complement our expanding investment capabilities," said Matthew Appelstein, Head of Distribution for RBC GAM. "Today's announcement adds to our strong growth trajectory and builds on our commitment to bringing enhanced expertise and services to investors across the U.S. We are pleased to see the expansion of our client service capabilities and investment expertise with these new investment centric and solutions driven professionals."

These new hires will be joining the growing U.S. institutional sales team of 22 professionals at RBC GAM, which has doubled in size over the past five years.

Linh Pham DiPippa, Managing Director of Institutional Sales
Ms. DiPippa is responsible for developing and managing institutional relationships on the U.S. west coast. Prior to joining RBC GAM this year, Ms. DiPippa worked on cultivating connections within BlackRock's U.S. and Canada institutional client business group, focusing on custom solutions for corporate and public pension plans. Working in the investment industry since 1996 – including 16 years at BlackRock – she holds FINRA Series 7 and 63 licenses and is an Associated Person with the National Futures Association. Ms. DiPippa has a Bachelor of Arts in economics from the University of California.

Christopher J. Powers, Director of Institutional Business and Development
Mr. Powers is responsible for distributing the firm's investment solutions to institutional clients in the Northeast. Before joining the team, Mr. Powers represented investment strategies to, and developed relationships with, various financial intermediaries and developed relationship in the professional buyer channel. He earned a Bachelor of Science in economics from Trinity College in Connecticut, holds his FINRA Series 7 and 66 licenses, and is registered as an Associated Person with the National Futures Association. Mr. Powers is also a CFA charterholder and ex-professional hockey player.

Tessa Shakon, Senior Analyst for Alternative Sales
Ms. Shakon supports BlueBay Alternatives distribution in the U.S., and prior to joining RBC GAM last year, she was an analyst on Mercer's manager research team covering fixed income and real estate. Ms. Shakon has completed internship roles with Merrill Lynch and UBS, attended the United States Military Academy and has a Bachelor of Arts from Northwestern University with a major in economics. She holds FINRA Series 7 and 66 licenses and is a Level II CFA candidate.

Michael Poremba, Managing Director of Consultant Relations
Mr. Poremba is part of the RBC GAM Consultant Relations team, where he develops and maintains relationships with investment consulting organizations. Prior to joining RBC GAM this year, he worked in consultant relations with Neuberger Berman and Franklin Templeton, and has been in the industry since 1997. Mr. Poremba earned a Bachelor of Arts in economics from Trinity College and holds FINRA Series 7 and 63 licenses.

Jason Pasquinelli, Senior Consultant Relations Manager
Mr. Pasquinelli is a member of RBC GAM's Consultant Relations team where he develops and maintains the firm's relationships with investment consulting organizations. Prior to joining RBC GAM in 2016, Jason spent 12 years at Northern Trust, where he was most recently vice president, consultant relations. He has worked in the investment industry since 2004. He earned a BBA in finance from the University of Iowa's Henry B. Tipple College of Business. He is a member of the CFA Institute, is an Associated Person with the National Futures Association and holds the FINRA Series 7 and 63 licenses.

RBC GAM has over 175 employees throughout the U.S. including offices in Boston, Minneapolis, New York and Chicago, as well as an RBC GAM affiliate in Stamford. Globally, RBC GAM group of companies manage more than 290 billion USD in assets and have approximately 1,300 employees located across Canada, the United States, Europe and Asia (as of June 30, 2016).

About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes BlueBay Asset Management and Phillips, Hager & North Investment Management. RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. The RBC GAM group of companies manage more than 290 billion USD in assets and have approximately 1,300 employees located across Canada, the United States, Europe and Asia.

SOURCE RBC Global Asset Management (U.S.)