RBC Global Asset Management adds to US equity investment team

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Jul 30, 2018, 09:00 ET

MINNEAPOLIS, MN, July 30, 2018 /PRNewswire/ - RBC Global Asset Management (U.S.) (RBC GAM) today announced the appointment of Nidhi Chadda to the role of Portfolio Manager and Andrew Topps to the role of Senior Equity Analyst. Both have joined RBC GAM's US equity team based in Chicago.

Ms. Chadda will provide fundamental research and portfolio management for RBC GAM's small, SMID and mid-cap growth strategies. She began her career in the investment industry in 2010. In her previous role as vice-president and generalist research analyst at Fred Alger Management, Nidhi focused on small-cap growth strategies. She also has more than seven years of investment banking and corporate finance experience at Greenhill & Co., Goldman Sachs and McKinsey & Co. She holds an undergraduate degree from the Wharton School, University of Pennsylvania and an MBA from Harvard Business School.

Mr. Topps will provide fundamental research and analysis for RBC GAM's small, SMID and mid-cap growth strategies. He began his investment career in 2002. In his previous role as a senior research analyst at Holland Capital, Andy focused on growth stock strategies and served on its investment committee. Prior experience also includes ten years of working in valuation, financial analysis and auditing services at Solomon Smith Barney, Harley-Davidson Financial Services and KPMG Peat Marwick. He holds an undergraduate degree from Saint Louis University and is a CPA and CFA Charterholder.

"RBC Global Asset Management is dedicated to being the best in class investment solutions provider for investors not only in the United States, but globally," said Mike Lee, CEO, President and CIO at RBC Global Asset Management (U.S.). "Nidhi and Andrew bring a wealth of industry knowledge along with their respective established skills. These additions will complement the demonstrated strengths of our existing team and we are excited to have them on board."

RBC GAM has more than 175 employees throughout the United States, including offices in Boston, Minneapolis, New York and Chicago, as well as an RBC GAM affiliate in Stamford, Connecticut.

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 $330 billion USD in assets and have approximately 1,400 employees located across Canada, the United States, Europe and Asia.

SOURCE RBC Global Asset Management (U.S.)