Raphael "Ray" Edelman was promoted to co-CIO of RCM's U.S. large-cap core growth equities team, effective today, said Jennifer Callahan, spokeswoman. He shares the role with Joanne Howard. It is a new position. Mr. Edelman will also retain his role as senior portfolio manager on the large-cap core growth equities team. RCM has $111.8 billion in worldwide assets under management.