Delegated Portfolio Solutions

Comprehensive solutions tailored for each client

Our most comprehensive offering for Canadian institutional investors, Delegated Portfolio Solutions (DPS) represents the evolution of PH&N Institutional’s experience and expertise, underscored by the global scope of RBC Global Asset Management’s (RBC GAM) distinct investment strength and operational excellence.

An evolving landscape


What are Delegated Portfolio Solutions?

Our commitment to client service




DPS was launched in response to growing interest among clients for an integrated portfolio management and oversight service. With DPS, our clients have the opportunity to delegate key investment management and governance functions to us. The engagement could entail expert counsel on strategic policy development, with ongoing dynamic and tactical risk management, and even the governance oversight of a fully outsourced chief investment officer (OCIO), as determined by the client’s in-house resources and preference.

DPS Governance Framework

Our DPS offering is distinguished by the degree of discretion PH&N Institutional assumes in executing investment management and governance functions on behalf of institutional trustees.

Fully depicted, our governance framework includes:

1 Investment policy advice and design

3 Portfolio monitoring and reporting

2 Portfolio execution and ongoing management

4 Client service and education

What Differentiates Us – Benefits of Our Delegated Model


Perspective

55+ years participating in capital
markets on behalf of
institutional investors

Breadth

22 RBC GAM investment teams
managing a full spectrum
of investment strategies

Strategy

Proven ability to design and manage
tailored investment
solutions

Performance

Committed to delivering strong,
risk-adjusted returns, relative to
peers and objectives

 

Infrastructure

The established systems, policies,
and procedures of a leading
asset manager

Service

Market leading institutional
client service and transparent
reporting1

Cost

No additional layer of fees

 
1Phillips, Hager & North Investment Management (now known as PH&N Institutional) was named a 2019 Greenwich Quality Leader in Canadian Institutional Investment Management Service. Greenwich Quality Leaders are distinguished for providing the industry’s highest-quality service as determined by Canadian institutional investors. We have been recognized as a Greenwich Quality Leader for the past six years.

Our approach

Each DPS client accesses the aggregate talent pool and infrastructure of PH&N Institutional and RBC GAM via their PH&N Institutional portfolio management team. On their behalf, the PH&N Institutional professionals harness relevant expertise from across the organization, and evolve the program over time, as warranted by client-related and market-driven changes.

Client
PH&N Institutional Portfolio Management Team
Delegated Portfolio Solutions


Institutional Portfolio Solutions (IPS)

Investment Advisory & Solution Design

RBC Investment Strategy Committee

Asset Class Outlook, Tactical Asset Allocation, & Research

Investment Professionals

Strategy/Fund Management, Risk Management

Office of the CIO

Fund Manager Monitoring & Risk Oversight

Operational Management

Compliance Monitoring, Legal Oversight

DPS Implementation Group

Monitoring & Consistency Assurance across DPS Clients

Institutional Portfolio Solutions (IPS)

Investment Advisory & Solution Design

RBC Investment Strategy Committee

Asset Class Outlook, Tactical Asset Allocation, & Research

Investment Professionals

Strategy/Fund Management, Risk Management

Office of the CIO

Fund Manager Monitoring & Risk Oversight

Operational Management

Compliance Monitoring, Legal Oversight

DPS Implementation Group

Monitoring & Consistency Assurance across DPS Clients

About RBC GAM

Full spectrum of asset classes and capabilities managed by specialized teams across the globe


Over $100 billion of multi-asset portfolios under management.


Committed to delivering strong and risk-adjusted performance relative to peers and objectives.


Dedicated infrastructure that actively monitors risk and performance against client policies.