UBS Closes RT Capital Deal

August 15, 2001 ( - UBS Asset Management has completed its acquisition of RT Capital Management, the institutional pension fund management division of the Royal Bank of Canada.

The agreement, as originally announced June 20, has received regulatory approval and has been signed by senior members of both organizations.

As previously announced, RT Capital is to be renamed Brinson Canada.
Brinson Canada will continue under the leadership of president and chief executive officer Michael Wilson, who served as Canada’s federal Minister of Finance from 1984 to 1991.

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