Acquiring Company
Royal Bank of Canada
Acquired Company
Yarra Capital Management Limited
Description
Royal Bank of Canada has entered into an agreement to acquire full ownership of Yarra Capital Management, an Australian active asset manager with approximately A$18 billion in assets under management. The acquisition is intended to support RBC Global Asset Management's growth in Australia and the Asia-Pacific region. Completion is subject to closing conditions including regulatory approval and is anticipated in the first quarter of 2027.
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Frequently asked
Who acquired Yarra Capital Management Limited?
Yarra Capital Management Limited was acquired by Royal Bank of Canada, based in Toronto. The deal was reported on November 9, 2026. Royal Bank of Canada is a leading Canadian multinational financial services company and the largest bank in the country. Royal Bank of Canada is publicly traded (RY) and operates in Financial Services.
When did Royal Bank of Canada acquire Yarra Capital Management Limited?
Royal Bank of Canada's acquisition of Yarra Capital Management Limited was reported on November 9, 2026. Royal Bank of Canada has entered into an agreement to acquire full ownership of Yarra Capital Management, an Australian active asset manager with approximately A$18 billion in assets under management. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Yarra Capital Management Limited do?
Yarra Capital Management is an award-winning active asset manager founded in 2017 that specializes in Australian fixed income, Australian equities and alternative investment solutions. It is privately held, operating in Financial Services, and is based in Melbourne.
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