MINNEAPOLIS, Sept. 6, 2018 /PRNewswire/ - RBC Global Asset Management (RBC GAM) today announced the appointment of Jeff Masom as Global Head of Institutional Distribution. Mr. Masom will be based in Boston and report to Mike Lee, Global Head of Institutional Business at RBC GAM.

"I am very pleased to welcome Jeff Masom to RBC Global Asset Management," said Mr. Lee. "Jeff's experience with institutional clients and product innovation is a significant addition to our global institutional leadership team. The addition of Jeff supports our focus on bringing the best of RBC GAM's global investment capabilities to clients in markets around the world."

Mr. Masom has over 20 years of investment management industry experience with a focus on leading sales teams, previously as the Senior Managing Director and Head of U.S. sales for Legg Mason. Mr. Masom has held a variety of roles throughout his career, including directing institutional sales, managing offshore sales and service, and managing sales for defined contribution, sub-advisory and national accounts. Most recently, he managed a 200-plus employee organization which accounted for $260 billion in assets. Mr. Masom was also a senior member of the product strategy and innovation committees and the global leadership team.

Mr. Masom is a CFA charter holder. He earned a J.D. from Delaware Law School and holds a degree in business administration and management from Elizabethtown College.

Mr. Masom joins RBC GAM effective September 10, 2018.

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.

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SOURCE RBC Global Asset Management (U.S.)