The story
BlueBay Asset Management was founded in 2001. The company was initially established to capitalise on strong growth trends in the European corporate and global emerging debt markets.
RBC Global Asset Management UK, originally known as Royal Trust Global Investment Group, was founded in 1996.
Royal Bank of Canada agreed to acquire the company in October 2010, in a deal valued at £963 million ($1.54 billion), completed on 17 December 2010.
In 2020, RBC Global Asset Management UK and BlueBay Asset Management made the strategic decision to merge legal entities. The transition to a single business entity was formally completed in early 2023.
In 2022, RBC Global Asset Management UK and BlueBay Asset Management rebranded as RBC BlueBay Asset Management (“RBC BlueBay”).
From Wikipedia’s article on RBC BlueBay Asset Management, shared under CC BY-SA 4.0.4