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RBC Global Asset Management gets director of EMEA business development

RBC Europe Ltd. hired Roland Schmidt to be director of Europe, the Middle East and Africa business development of RBC Global Asset Management.

Based in Frankfurt, Schmidt will be in charge of the distribution of RBC Global Asset Management's investment strategies and help it expand its presence in the German institutional market.

Schmidt previously served as head of institutional and wholesale for Germany and Australia at Carmignac Gestion.

RBC Global Asset Management is the asset management division of Royal Bank of Canada.