Location
Please select your investor type by clicking on a box:
We are unable to market if your country is not listed.
You may only access the public pages of our website.
Global equity
Our purpose is to make a positive difference to our clients through responsible long-term investment.
We take an ‘ownership’ mind-set to drive ESG integration and active engagement, constructing risk-aware portfolios which aim to deliver attractive risk-adjusted returns.1,2
We understand that strong businesses vary by industry, and our portfolio managers have over 250 years’ cumulative experience across sectors. We believe that this makes us ideally positioned to identify companies with winning business models, which are responsibly managed and have compelling valuations.
By integrating ESG factors into our analysis, we understand the risks and opportunities facing companies and we continue to engage with management post investment, promoting principles of responsible business and effective stewardship.1,2
We believe that over the long-term, investing in great companies at attractive valuations generates value for shareholders that significantly exceeds the return on the average company or the market.
We use industry analysis to identify great businesses within their competitive set before assessing them using our Competitive Dynamics framework. We assess all four pillars prior to valuation:
Winning business model:
Each business in the portfolio has a distinct, hard-to-replicate element that gives it a sustainable edge over its competitors.
Each business in the portfolio has a distinct, hard-to-replicate element that gives it a sustainable edge over its competitors.
End-market growth:
We believe that a company with a winning business model able to take market share will amplify the amount of value creation if it is exposed to growing end markets.
We believe that a company with a winning business model able to take market share will amplify the amount of value creation if it is exposed to growing end markets.
Market share opportunity:
We pay close attention to the industry structure and nature of competition and expect a company with a true edge over competitors to expand, or at least maintain, its market share.
We pay close attention to the industry structure and nature of competition and expect a company with a true edge over competitors to expand, or at least maintain, its market share.
Strong management and ESG practices:
ESG factors are non-traditional sources of risk and opportunity which form part of every fundamental assessment. We want to partner with responsible management teams who can both operate the business effectively on a day-to-day basis and position it strategically over the long-term.
ESG factors are non-traditional sources of risk and opportunity which form part of every fundamental assessment. We want to partner with responsible management teams who can both operate the business effectively on a day-to-day basis and position it strategically over the long-term.
“By focusing on extra-financial, long-term drivers of sustainable returns, we can exploit what we believe is a persistent market inefficiency and capture alpha to deliver stock picking-led outperformance.” (2)
Habib Subjally
Head of RBC Global Equities
Meet the global equity team
Neil Abbott
Senior Portfolio Manager, Global Consumer Products, RBC Global Equity
1. Certain investment strategies, asset classes, exposure and security types do not integrate ESG factors, including but not limited to money market, buy-and maintain, passive, and certain third-party sub-advised strategies or certain currency or derivative instruments. Different strategies that integrate ESG factors will be at varying stages of implementation. Please read a fund's prospectus or offering memorandum for further details.
2. Owners not only benefit from the release and recognition of value from an investment, be that profits, interest or dividends, but also from their stake in the asset itself. Owners consequently understand that the short-term release of value at the expense of the asset’s value is not value accretive and may damage the value of their asset in the long-term. We believe that it is in the interest of all investors with long-term investment objectives to adopt a long-term ownership mindset in order to secure and grow the long-term asset value. In addition, because many of the under-appreciated extra-financial drivers of corporate performance exert influence over the long-term, by adopting a long-term ownership mindset investors are able to align their portfolios with their investment objectives whilst taking advantage of what we believe is a persistent market inefficiency.