Ken Tam has joined RBC Global Asset Management as managing director and head of Asia, a spokesman said.
Mr. Tam is based in Hong Kong, and will oversee RBC GAM's business in Asia-Pacific, excluding BlueBay Asset Management. He reports to Clive Brown, CEO and managing director of RBC GAM International.
The role previously was held by Adam Matthews, who will leave the firm at the end of the year for personal reasons.
Mr. Tam had been managing director and head of global client group, Asia-Pacific ex-Japan, at Deutsche Asset & Wealth Management. Spokesmen could not be reached for comment by press time.
“The Asia-Pacific region is an important component of RBC Global Asset Management's international growth plans,” said Mr. Brown in a news release. “Mr. Tam's extensive experience of the Asian asset management industry will help RBC GAM continue to grow and enhance our service to clients in the region.”
RBC GAM manages more than $300 billion of assets.