Joanne Lee, CFA

Portfolio Manager, Global Fixed Income & Currencies, RBC Global Asset Management Inc.

Joanne co-manages two Canadian bond mutual funds and is actively involved in the management of global fixed income portfolios and fixed income derivatives. Since joining the fixed income team at RBC Global Asset Management in 2006 as an analyst, Joanne has been responsible for research on new investment strategies and opportunities using various investment instruments in developed bond markets. Joanne holds a Master of Finance Degree from the Rotman School of Management at the University of Toronto, a Bachelor of Business Administration Degree from York University and is a CFA charterholder.

Team

RBC Global Fixed Income and Currencies team A proven investment process, a robust risk-management culture

Insights from Joanne

Global fixed income markets - Summer 2025

Global Investment Outlook

The rise in bond yields since the beginning of April reflects a cloudy macroeconomic outlook with growth that is slower but not recessionary, inflation that is lower but not low enough, and central banks that are unlikely to respond with meaningful interest-rate cuts if politicians lean into running still-large fiscal deficits.

S.Cheah, MBA, CFA, J.Lee, CFA, T.Self, MBA, CFA • Jul 9, 2025 • 13 minutes to read

Global fixed income markets

Global Investment Outlook

We believe the outlooks for major bond markets have rarely been so different. Investors may be too optimistic about the prospects for the U.S economy and too pessimistic about the outlooks for Canada and Europe.

S.Cheah, MBA, CFA, J.Lee, CFA • Mar 15, 2025 • 12 minutes to read

Global fixed income markets - New Year 2025

Global Investment Outlook

Bond yields have risen in most markets since the last edition of the Global Investment Outlook as investors pared expectations for deep interest-rate cuts by central banks.

S.Cheah, MBA, CFA, J.Lee, CFA, T.Self, MBA, CFA • Jan 13, 2025 • 11 minutes to read

Global fixed income markets - Fall 2024

Insights

Investors are anticipating deep interest-rate cuts from policymakers over the next two years. We think that investors expect too many cuts, absent a recession.

S.Cheah, MBA, CFA, J.Lee, CFA, RBC Global Fixed Income and Currencies team • Oct 1, 2024 • 11 minutes to read

Our Leadership Committee

Damon Williams Chief Executive Officer RBC Global Asset Management Inc.

Melanie Adams Managing Director & Head, Responsible Investment, RBC Global Asset Management Inc.

Daniel E. Chornous Managing Director & Global Chief Investment Officer, RBC Global Asset Management (UK) Limited

Doug Coulter Managing Director, President & Head, Individual Investor Business
RBC Global Asset Management Inc.

Jayne Fieldhouse Managing Director & Head of Global Institutional Marketing
RBC Global Asset Management (UK) Limited

Dagmara Fijalkowski Managing Director, Senior Portfolio Manager & Head of Global Fixed Income & Currencies, RBC Global Asset Management Inc.

Erich Gerth Managing Director & Chief Executive Officer, RBC BlueBay Asset Management
RBC Global Asset Management (UK) Limited

Matthew Graham Managing Director & Chief Operating Officer
RBC Global Asset Management Inc.

Stu Kedwell Managing Director, Senior Portfolio Manager & Global Head of Equities, RBC Global Asset Management Inc.

Mark Dowding Managing Director, Senior Portfolio Manager & BlueBay Chief Investment Officer, RBC Global Asset Management (UK) Limited

Alison LaRocque RBC Global Managing Director, GAM Strategy, RBC Global Asset Management Inc.

Eric Romer Managing Director & Head of Human Resources
RBC Global Asset Management Inc.

Donald Sanya Managing Director & Chief Executive Officer
RBC Global Asset Management (U.S.) Inc.

Craig Tennier Managing Director & Global Chief Financial Officer
RBC Global Asset Management (UK) Limited

Erick Zanker Managing Director and Head of PH&N Institutional
RBC Global Asset Management Inc.