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 agreement to acquire Yarra Capital Management Limited (Yarra), an award-winning1 active asset manager that specializes in Australian fixed income, Australian equities and alternative investment solutions. Yarra, founded in 2017, with offices in Melbourne and Sydney, has approximately A$18 billion in assets u…READ FULL ARTICLE
