Our commitments | RBC Global Asset Management

See all results
See results in Products
See results in Insights

You are currently viewing the Europe & U.K. website Institutional website. You can change your location here or visit other RBC GAM websites.

Welcome to the RBC Global Asset Management site for Institutional Investors

In order to proceed to the site, please accept our Terms & Conditions.

Please read the following terms and conditions (the “Terms”) carefully. By accessing rbcgam.lu or rbcgam.com and any pages thereof (together, the “Site”), you agree to be bound by and comply with the Terms as well as any future revisions RBC Global Asset Management (UK) Limited (“RBC GAM UK”) and its affiliates (together, “RBC GAM” or “we”) may make in its discretion. If you do not agree to the Terms, do not access the Site.

Access

You are accessing RBC GAM’s network pursuant to these Terms and any existing agreement you may have with us.

Not all products or services provided on this Site are available in all jurisdictions. Products and services of RBC GAM are only available in jurisdictions where it is lawful to offer these products and services. The information, material and content on the Site (the “Information”) has been prepared for informational purposes only without regard to any particular user’s investment objectives or financial position and RBC GAM is not soliciting any action based upon them.

Note to UK/European Investors

RBC GAM UK is authorized and regulated by the Financial Conduct Authority (the “FCA”). RBC GAM UK is incorporated in England and Wales with registered office at 77 Grosvenor Street, London W1K 3JR, United Kingdom and registered number 189154. RBC GAM UK’s affiliated entities not incorporated in the United Kingdom are not authorized and regulated by the FCA.

No Offer/Local Restrictions

Nothing contained in or on the Site should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. The Information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. You are required to inform yourself of the laws of your country or that otherwise apply to you in relation to any of the matters described in the pages of this Site. If you choose to access the Site, you do so on your own initiative and are responsible for compliance with applicable local, national or international laws.

Professional Investors only

In the European Economic Area, this Site is only directed at Professional Investors as defined under the UK Financial Conduct Authority’s Handbook. Elsewhere, this Site is only directed at professional, institutional or qualified investors or intermediaries and is not suitable for retail or individual investors. If this Site is not directed at you, please leave the Site immediately.

Non-U.S. Persons Representation

The Site and the Information are not available to U.S. persons. As such, by accepting these Terms, you represent and warrant that you are not a U.S. person as defined under Regulation S of the U.S. Securities Act of 1933, as amended.

Non-Canadian Resident Representation

The Site and the Information are not available to Canadian residents. As such, by accepting these Terms you represent and warrant that you are not a person, corporation or partnership resident in Canada.

No Reliance

The Information has been provided by RBC GAM for informational purposes only. It is for general information only and is not, nor does it purport to be, a complete description of an investment in any products offered by RBC GAM. If there is an inconsistency between the Information and the respective offering documents, the provisions of the respective offering documents shall prevail.

This Site and the Information are provided without regard to the specific investment objectives, financial situation or particular needs of any specific recipient and does not constitute investment, tax, accounting or legal advice. Recipients are strongly advised to make an independent review with their own advisors and reach their own conclusions regarding the investment merits and risks, legal, credit, tax and accounting aspects of transactions.

Risk Warning

Past performance is not a guide to future performance. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested. Exchange rate may vary and cause the value of international investments to rise or fall.

No Warranties

RBC GAM provides the Site and the Information on an “as is, where is” basis and does not make any express or implied warranties, representations or endorsements with respect to the Site or the Information, including without limitation, warranties as to merchantability, operation, non-infringement, usefulness, completeness, accuracy, currency, reliability and fitness for a particular purpose. Further, RBC GAM does not represent or warrant that the Site will be available and meet your requirements, that access will be uninterrupted, that there will be no delay, difficulties in use, defects, incompatibility, failures, errors, omissions or loss of transmitted information, that no viruses or other contaminating or destructive properties will be transmitted or that no damage will occur to your computer system. You have sole responsibility for taking protection and backup of data and/or equipment and for taking reasonable and appropriate precautions to scan for computer viruses or other destructive properties.

No endorsements

No endorsement or approval of any third parties of their advice, opinions, information, products or services is expressed or implied by any Information.

No Liability

Save for where applicable law would be contravened, RBC GAM is not responsible for and will not be liable to you or anyone else for any damages whatsoever (including direct, indirect, incidental, special, consequential, exemplary or punitive damages) arising out of or in connection with your use of or inability to use the Site or the Information, or any action or decision made by you in reliance on the Site or the Information, or any errors in or omissions from the Site or the Information, or any unauthorized use or reproduction of the Site or the Information, even if RBC GAM has been advised of the possibility of these damages. Your sole remedy is to discontinue using and accessing the Site or the Information.

Forward-Looking Statements

The Site may contain forward-looking statements about general economic factors which are not guarantees of future performance. Forward-looking statements involve inherent risk and uncertainties, so it is possible that predictions, forecasts, projections and other forward-looking statements will not be achieved. We caution you not to place undue reliance on these statements as a number of important factors could cause actual events or results to differ materially from those expressed or implied in any forward-looking statement. All opinions in forward-looking statements are subject to change without notice and are provided in good faith but without legal responsibility.

Electronic Communication via the Internet

Any unprotected e-mail communication over the Internet is, as with communication via any other medium (e.g. cellular phones, post office mail), not confidential, subject to possible interception or loss, and is also subject to possible alteration. RBC GAM is not responsible for and will not be liable to you or anyone else for any damages in connection with an e-mail sent by you to RBC GAM or an e-mail sent by RBC GAM to you at your request or on an ad-hoc basis.

Links/Software

Links from or to websites outside the Site are meant for convenience only. RBC GAM does not review, endorse, approve or control, and is not responsible for any sites linked from or to the Site, the content of those sites, the third parties named therein, or their products and services. Linking to any other site is at your sole risk and RBC GAM will not be responsible or liable for any damages in connection with linking. Links to downloadable material situate on or through other sites are for convenience only and RBC GAM is not responsible or liable for any difficulties or consequences associated with downloading such material. Use of any downloaded material is governed by the terms of the license agreement, if any, which accompanies or is provided with the software.

No person or company (including other financial sector related companies) may link their site to the Site without the express permission of RBC GAM.

Trademarks and Copyrights

Certain names, words, titles, phrases, logos, icons, graphics or designs or other content in the pages of the Site are trade names or trade-marks owned by Royal Bank of Canada or its subsidiaries, or trade names or trade-marks licensed to them. The trademarks are distinguished from one another and accompanied, at first-time use, with the appropriate trademark symbol: ®/TM. These symbols are keyed to their respective legend which describes the owner or licensee of the trade-mark. The display of trademarks and trade names on pages of the Site does not imply that a license of any kind has been granted to anyone else. The Information is for your personal use only. Any unauthorized downloading, re-transmission, or other copying or modification of trademarks and/or the contents of the Site may be a violation of any federal or other law that may apply to trademarks and/or copyrights and could subject the copier to legal action. The Information is protected under the copyright laws of Canada and other countries. Unless otherwise specified, no one has permission to copy, redistribute, reproduce, republish, store in any medium, re-transmit, modify or make public or commercial use of, in any form, the Information.

Applicable Law

Your use of this Site and these Terms are governed by and shall be construed in accordance with Luxembourg law.

If any provision of these Terms shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected. No term or provision shall be deemed waived and no breach excused unless such waiver or consent shall be in writing and signed by the party claimed to have waived or consented.

RBC GAM reserves the right, in its sole discretion, to change, modify, add or remove portions of these Terms at any time without notice to Site users. Similarly, RBC GAM reserves the right, in its sole discretion, to change, modify, add or remove the content of this Site, including the country-specific sections, or to terminate the Site in whole or in part. You must check the Terms periodically for changes. Any changes, modifications, or additions to, or deletions from the Terms shall be effective upon posting on this Site. If you access this Site, including the country-specific sections, after changes to the Terms are posted, you further acknowledge the Terms as changed and agree to be bound by them.

Decline

UN Principles for Responsible Investment

RBC GAM is a signatory to the UN Principles for Responsible Investment (PRI). The PRI is a global network for investors committed to incorporating ESG considerations into their investment practices and ownership policies. We are committed to putting the PRI’s six Principles of Responsible Investment into practice and believe that they are aligned with our existing approach to responsible investment. A member of RBC GAM’s Responsible Investment team sits on the Policy Committee.

We are also a signatory to the PRI Statement on ESG in Credit Ratings, which encourages credit rating agencies to proactively take ESG factors into consideration for relevant issuers.

.imp-bg-color { background-color: #003168 !important; color: #fff !important; } .imp-bg-color h1, .imp-bg-color h2, .imp-bg-color h3, .imp-bg-color h4, .imp-bg-color h5, .imp-bg-color h6 { color: #fff !important; }

PRI signatories commit to implement the six Principles of Responsible Investment and report on their activities and progress in implementing them.

1. We will incorporate ESG issues into investment analysis and decision-making processes.

2. We will be active owners and incorporate ESG issues into our ownership policies and practices.

3. We will seek appropriate disclosure on ESG issues by the entities in which we invest.

4. We will promote acceptance and implementation of the Principles within the investment industry.

5. We will work together to enhance our effectiveness in implementing the Principles.

6. We will each report on our activities and progress towards implementing the Principles.

Evaluations

The PRI evaluates signatories' approaches to the Principles based on its assessment methodology. Please see below for the results of our most recent Assessment Report. The group to calculate module medians includes all PRI signatories who submitted and were eligible to report on the module:

2023 PRI Assessment – Summary Scorecard

As part of the paid annual membership services, the PRI evaluates signatories' approaches to the Principles based on its assessment methodology. Once the responses are assessed, all indicator scores are aggregated and modules are assigned a numerical score, converted from a points-based system ranging from 0 to 100. Our firm’s full transparency report as one of over 2,000 signatories can be found here: RBC GAM PRI Transparency Report. Our firm’s full private Assessment Report from the UN PRI is available upon request.

RI Transparency Report

RBC GAM’s detailed responses to the UN PRI on our responsible investing activities for the most recent year.

We work closely with other like-minded investors and investor coalitions to improve the ESG-related disclosure and practices of issuers in which we invest.

30% Club Canadian Investor Group

RBC GAM is a signatory to the 30% Club Canadian Investor Group. The group is a coalition of Canada’s largest institutional investors calling on publicly-traded companies to achieve and exceed the 30% gender diversity target and to enhance the presence of other underrepresented groups on their boards and at the executive management level. For more information on the investor group’s commitment to gender diversity, please see its Statement of Intent.

Alternative Investment Management Association

BlueBay is a member of the Alternative Investment Manager Association (AIMA). AIMA is the global representative of the alternative investment industry and draws upon the expertise and diversity of its membership to provide leadership in industry initiatives such as advocacy, policy and regulatory engagement, educational programmes and sound practice guides.

Canadian Coalition for Good Governance

RBC GAM is a founding member of Canadian Coalition for Good Governance (CCGG). The CCGG promotes good governance practices in Canadian public companies and works to improve the regulatory environment to best align the interests of boards and management with their shareholders. Members of RBC GAM’sResponsible Investment team serve on the Public Policy and Environmental & Social committees.

CDP

RBC GAM is an investor member to the CDP, which runs the global disclosure system that enables entities to measure and manage their environmental impacts and strives to advance environmental disclosure.

Climate Action 100+

RBC GAM is a signatory to the Climate Action 100+. This investor collaboration focuses on active engagement with the world’s largest publicly traded and systemically important carbon emitters, or companies with significant opportunity to drive the transition to a low-carbon economy.

Climate Engagement Canada (CEC)

RBC GAM is a Founding Participant of Climate Engagement Canada (CEC), a finance-led initiative that aims to drive dialogue between the financial community and Canadian corporations to promote a just transition to a net zero economy.

Council of Institutional Investors

RBC GAM is a member of the Council of Institutional Investors (CII). The CII aims to promote effective corporate governance, strong shareowner rights and vibrant, transparent and fair capital markets.

Emerging Markets Investor Alliance

BlueBay is a member of the Emerging Markets Investor Alliance (EMIA). The EMIA aims to enable institutional emerging market investors to support good governance, promote sustainable development, and improve investment performance in the governments and companies in which they invest.

European Leveraged Finance Association

BlueBay is a member of the European Leveraged Finance Association. The ELFA aims to seek a more transparent, efficient, and resilient leveraged finance market.

Global Impact Investing Network

RBC GAM and BlueBay are members of the Global Impact Investing Network (GIIN). The GIIN is the global champion of impact investing, dedicated to increasing the scale and effectiveness of impact investing around the world.

Farm Animal Investment Risk & Return

BlueBay is a member of the Farm Animal Investment Risk & Return (FAIRR). FAIRR is a collaborative investor network that raises awareness of the ESG risks and opportunities brought about by intensive livestock production.

International Corporate Governance Network

RBC GAM is a member of the International Corporate Governance Network (ICGN). The ICGN aims to promote effective standards of corporate governance and investor stewardship to advance efficient market and sustainable economies worldwide. RBC GAM’s Head of Responsible Investment team is a member of the ICGN Global Governance Committee.

IFRS Foundation

RBC GAM and BlueBay are members of the IFRS Sustainability Alliance, a global membership program for sustainability standards, integrated reporting, and integrated thinking. Upon the Value Reporting Foundation’s consolidation into the IFRS Foundation, the IFRS Foundation’s International Sustainability Standards Board (ISSB) assumed responsibility for the SASB Standards. The ISSB has committed to build on the industry-based SASB Standards and leverage SASB’s industry-based approach to standards development. The ISSB encourages preparers and investors to continue to use SASB Standards.

Investor Stewardship Group

RBC GAM is a founding member of the Investor Stewardship Group (ISG). The ISG is a collective of institutional investors brought together to establish a framework of basic standards of investment stewardship for institutional investors and corporate governance principles for U.S. listed companies. A member of RBC GAM's Responsible Investment team is a member of the ISG board.

Investment Association

BlueBay is a member of the Investment Association. The Investment Association is the UK’s membership association for investment managers.

Investors Policy Dialogue on Deforestation (IPDD)

RBC GAM is a supporting investor of the IPDD in Brazil, which is co-chaired by BlueBay. The IPDD initiative aims to coordinate a public policy dialogue with authorities and monitor developments to assess exposure to financial risks arising from deforestation.

Mission Investors Exchange

RBC GAM is a member of the Mission Investors Exchange, the leading impact investing network for foundations dedicated to deploying capital for social and environmental change.

Responsible Investment Association

RBC GAM is a sustaining member of the Responsible Investment Association (RIA). The RIA is Canada’s membership association for responsible investment. A member of RBC GAM’s Responsible Investment team is a member of the RIA board.

Standards Board for Alternative Investments

BlueBay is a member of the Standards Board for Alternative Investments (SBAI). The SBAI aims to help institutional investors and alternative investment managers better understand how responsible investment can be applied in different alternative investment strategies, as well as the specific challenges and questions that arise in these contexts.

US SIF - The Forum for Sustainable and Responsible Investment

RBC GAM is an institutional member of US SIF. US SIF is the leading voice advancing sustainable, responsible and impact investing across all asset classes. Its mission is to rapidly shift investment practices toward sustainability, focusing on long-term investment and the generation of positive social and environmental impacts.

Japanese Stewardship Code

RBC GAM is a signatory to the Japanese Stewardship Code. The Code sets out the principles that institutional investors should adhere to in order to fulfill their stewardship responsibilities to clients, beneficiaries and investee companies.

Task Force on Climate-related Financial Disclosures (TCFD)

RBC GAM is a supporter of the Task Force on Climate-related Financial Disclosures (TCFD) and commits to producing annual climate-related financial risk disclosures aligned with the recommendations of the TCFD. The TCFD recommendations have quickly become a global framework for building comparable and effective disclosures on climate-related risks and opportunities.

tcfd taskforce on climate related financial disclosures

UK Stewardship Code

RBC GAM is a signatory to the UK Stewardship Code 2020. The code aims to enhance the quality of engagement between asset managers and companies to help improve long-term risk-adjusted returns to shareholders. RBC GAM’s 2023 Annual Stewardship Report met the expected standard of reporting of the Financial Reporting Council (FRC).*

*In 2023, RBC GAM consolidated the majority of activities of two regulated legal entities in the United Kingdom (UK), RBC Global Asset Management (UK) Limited (RBC GAM-UK) and BlueBay Asset Management LLP, into RBC GAM-UK. BlueBay Asset Management LLP’s stewardship activities are incorporated throughout RBC GAM’s 2022 and 2023 Annual Stewardship Reports.