RBC Global Asset Management has established the RBC GAM Innovation Lab, an in-house hub to drive digital capabilities and innovation that will help investors and advisors.

RBC GAM has committed initial funding of $20 million over the next five years to establish the lab and fund its initiatives. It will partner with in-house experts in digital technology, analytics and machine learning.

As part of this initiative, RBC has completed its acquisition of Wiser Investments, a Toronto-based financial technology firm. Wiser’s founders and employees join RBC GAM, effective today.

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