Canada’s RBC buys Yarra Capital as scale wins in asset race
Yarra Capital, the $18 billion Melbourne-based asset manager, has been sold to RBC as consolidation on funds management gathers pace.
Yarra Capital, the $18 billion Melbourne-based asset manager, has been sold to RBC as consolidation on funds management gathers pace.
Top Macquarie executive Ani Satchcroft has revealed where the $743 billion asset manager is investing to reap the benefits of digital infrastructure rollout.
Yarra’s ownership shake-up comes amid a generational change among several fund managers who commanded newspaper headlines and ECM deals over the past decade.
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