Royal Bank of Canada Global Asset Management (RBC GAM), a provider of investment management services and solutions, has appointed Guido Giammattei as a portfolio manager of RBC emerging markets fund in the Latin American region.

According to RBC GAM, the fund was launched in April 2010, following the establishment of the RBC GAM emerging markets equity team in January.

Mr Giammattei was previously at Rexiter Capital Management, where he was an equity analyst and then a portfolio manager focused on Latin American investments. He has also held positions at State Street and HSBC.

Phil Langham, head of the emerging market equity team at RBC GAM, said: “Guido’s strong track record and extensive background in the Latin American market make him an invaluable addition to our team and the RBC emerging markets fund. Since the fund holds a distinct portfolio of high-quality companies with broad geographic exposure, Canadian investors will benefit greatly from Guido’s specialized expertise in that region.”

Dominic Wallington, CEO and CIO of RBC Asset Management UK, said: “We look to continue enhancing our capabilities in Europe as part of our overall objective to bring high quality global debt and equity investment solutions to institutional and individual investors worldwide.”