Royal Bank of Canada to Acquire Yarra Capital Management
Royal Bank of Canada (RBC) has entered into an agreement to acquire Yarra Capital Management, an Australian active asset manager specializing in fixed income, equities, and alternative investment solutions. The acquisition is a strategic move by RBC Global Asset Management to expand its footprint and expertise within the Asia-Pacific region, specifically targeting growth in the Australian market. Yarra Capital Management manages approximately A$18 billion in assets as of September 30, 2026. The transaction, which is subject to regulatory approval, is expected to close in the first quarter of 2027. RBC expects the deal to have no significant impact on its common equity tier 1 (CET1) ratio or future run-rate earnings.
Coverage
- ROYAL BANK OF CANADA - 4 Filing
- ROYAL BANK OF CANADA - 4 Filing
- ROYAL BANK OF CANADA - 4 Filing
- Royal Bank of Canada to Acquire Australian Asset Manager Yarra Capital Management
- RBC to Acquire Yarra Capital Management to Expand Australian Asset Management Presence
- Royal Bank of Canada to Acquire Yarra Capital Management
- Royal Bank of Canada to Acquire Yarra Capital Management