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August 19, 2013updated 04 Apr 2017 2:58pm

RBC Wealth adds two to UK credit team

Canadian bank RBC Wealth Management has appointed Victoria Riding and Sarah Hunter to its UK based credit team. Riding who joins RBC from Bank of America Merrill Lynch will be director, ultra high net worth, credit solutions.

By Verdict Staff

Canadian bank RBC Wealth Management has appointed Victoria Riding and Sarah Hunter to its UK based credit team.

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GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
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Riding who joins RBC from Bank of America Merrill Lynch will be director, ultra high net worth, credit solutions.

In this role she will be responsible for the launch, execution and promotion of structured lending products to ultra high net worth clients. She filled a similar role for Bank of America.

Riding will report to Ojan Jamkhou, managing director and head of credit, British Isles and Caribbean and Michael Kay, global head of ultra high net worth credit solutions.

Hunter joins the team from HMV Group where she was in-house legal counsel responsible for managing and consulting on commercial, financing, and real estate portfolios.

In her new role hunter will be a director, credit products and services, managing relationships with the legal community and working on regulatory projects.

Hunter will also report to Jamkhou.

In a statement, Stuart Rutledge, head of RBC Wealth Management British Isles, said: ‘Creating these new roles reflects our intention to deepen our ability to provide highly structured and complex credit solutions as part of our integrated wealth management offering.’

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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