The international arm of RBC Wealth Management has announced its appointment of Cornerstone Investment Partners as Investment Manager of the US Core Equity class of RBC Regent Strategy Fund Ltd.

Cornerstone is an investment management company that specialises in US equities. Based in Atlanta, Georgia, it manages approximately $2.2 billion in assets for public pension plans, corporations and individuals. Over the last five years, Cornerstone’s ‘Concentrated Equity’ strategy has outperformed benchmarks by approximately four percent p.a.

RBC Regent Fund offers global investment solutions to high net worth individuals who are serviced through RBC’s international wealth management platform. Specialist fund managers are appointed to manage the 12 separate equity classes and are monitored on an ongoing basis by a dedicated team of manager research professionals, whose process is ISO 9001 certified. The fund also offers exposure to UK, US and Canadian bonds, and UK, Asia Pacific, Canadian and Global equities.

Commenting on the appointment of Cornerstone, David McFadzean, Head of Manager Research at RBC Wealth Management, said, “We believe that Cornerstone’s investment style is an excellent fit with the RBC Regent Fund’s aims and objectives, which comprise diversification of investments, easy access to global markets and good value. We focus on rigorous manager selection to deliver the best solutions to our clients.”