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via prnewswire.comAsset Management

Royal Bank of Canada announces agreement to acquire Yarra Capital Management

FROM THE WIRE · PRNEWSWIRE.COM

Acquisition will serve as a springboard for RBC Global Asset Management's growth ambitions and commitment to the Australian investment management market TORONTO, Nov. 9, 2026 /PRNewswire/ -- Royal Bank of Canada (RBC) (TSX: RY) (NYSE: RY) today announced it has entered into an…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralCross-border acquisition in Australian asset management, relevant for RBC Global Asset Management.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Yarra Capital Management is an active manager specializing in Australian fixed income and equities.
  2. 02Yarra has approximately A$18 billion in assets under management as at September 30, 2026.
  3. 03The firm has about 75 employees with offices in Melbourne and Sydney.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Royal Bank of CanadaRYStock201.16 USDMarket closedtoday -1.28%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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