Money Management

RBC Global Asset Management chooses global head of institutional distribution

Jeff Masom was named global head of institutional distribution at RBC Global Asset Management, spokesman Tony Catinella said.

It is a new position. Mr. Masom, who begins his Boston-based role on Sept. 10, will report to Mike Lee, RBC GAM's global head of institutional business.

Mr. Masom was previously senior managing director and head of U.S. sales at Legg Mason (LM). Darrell Oliver, Legg Mason spokesman, said the company does not comment on employee moves.

RBC Global Asset Management has $330 billion in assets under management.