Asset Management

We work closely with our fixed income and credit products groups to help them use interest rate swaps for directional trading and portfolio shifts. Additionally, swap curves are becoming the most effective tool to determine the relative value of credits globally. They are increasingly attaining benchmark status for the valuation of all fixed income securities.

Our structured products team employs vanilla options, exotic options, and medium term notes (MTNs) to deliver structured solutions to the client base. Combinations of derivative securities can be used either to hedge complicated risk profiles, or to transform the returns of existing assets. We provide solutions to meet investors' needs by creating MTNs and other debt instruments with embedded interest rate, equity, commodity, or foreign exhange derivatives. This can increase returns within an identifiable level of risk. Possible structures include multi-callable fixed or inverse floating rate notes, range accruals, floored constant maturity swaps and dual and reverse dual currency bonds.

In addition, our relative value desk offers detailed trade strategy packages to all our clients, including its own accounts such as central banks, state treasuries, hedge funds, and bank proprietary desks.

The RBC Advantage

Moody's and S&P give RBC the highest credit rating of all Canadian Banks

Superior trading and sales coverage, dominant market share of secondary trading and leading new issues in Canada

Specialized trading research

Full range of products in core markets

Client focus generating high volumes to facilitate competitive pricing