Armed with its new name, RBC Global Asset Management U.S. Inc. is expecting double-digit growth in 2010, as it works more closely with its parent bank and other RBC asset managers to introduce new products.

Voyageur Asset Management Inc. in Minneapolis announced Tuesday that it changed its name effective Dec. 31. Michael T. Lee, the chief executive, president and chief investments officer of the U.S. unit, said in an interview that the name change is an important step in its evolution into the U.S. institutional client platform for RBC Global Asset Management.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.