RBC Financial Strategy and Performance
Wealth Management - Global Asset Management
Building a high-performing global asset management business
■ Driving top-tier profitability in our largest Wealth Management business
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$429.6BN in client assets
Investor asset mix of 52% Retail / 48% Institutional client assets
Extending our lead in Canada
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Largest retail fund company in Canada, ranked #1 in market share capturing 31.7% amongst banks and 15.4% all-in (1)
3rd largest institutional pension asset manager in Canada(2)
■ Delivering strong investment capabilities to support growth
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Top performing investment firm with ~82% of AUM outperforming the benchmark on a 3-year basis (3)
Continued growth of investment capabilities and innovative solutions for both institutional clients and retail investors
Canadian Retail AUM ($ billions)
14.9% 14.9% 15.0% 15.1% 15.1% 15.1% 15.1% 15.4%
Diversified Asset Mix
Q1/2019 AUM by Client Segment ($ billions) (4)
206.8
210.6 213.8
222.5
223.9 228.8
230.6
218.8
18%
■Canadian Retail
9%
■Canadian Institutional
$429.6BN
52%
■U.S. Institutional
21%
■International Institutional
RBC
Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18
Canadian Mutual Fund Balance (1)
All-In Market Share(1)
January 2019 Canadian retail AUM was $226.9BN, up from
$218.8BN the previous month mainly due to market appreciation
Business Segments
16
(1) Investment Funds Institute of Canada (IFIC) as at December 2018 and RBC reporting. Comprised of long-term funds and money market funds. (2) Benefits Canada as at November 2018.
(3) As at December 2018, gross of fees. (4) RBC GAM, based on period-end spot balances.View entire presentation