RBC GLOBAL ASSET MANAGEMENT (UK) LIMITED
Company Information
- Company Number
- 03647343
- Registered Address
- 100 Bishopsgate, London, England, EC2N 4AA
- Status
- Active
- Employee Count
- 313
- Turnover
- £260,120,000
- EBITDA
- £78,817,000
Additional Details
- Website
- https://rbcgam.com/
- Company Type
- Private limited Company
- Incorporated On
- 9 October 1998
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Nov 2024 - 30 Apr 2025 | 29 May 2025 | 26 | 79% | 16% | 5% | 21% |
| 01 Nov 2023 - 30 Apr 2024 | 31 May 2024 | 27 | 73% | 18% | 9% | 27% |
| 01 Jun 2023 - 31 Oct 2023 | 30 Nov 2023 | 24 | 73% | 20% | 7% | 27% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 23 | 75% | 18% | 7% | 25% |
| 01 Nov 2021 - 30 Apr 2022 | 31 May 2022 | 18 | 93% | 5% | 2% | 6% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 19 | 90% | 8% | 2% | 10% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 19 | 94% | 4% | 2% | 8% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 14 | 95% | 3% | 2% | 10% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 12 | 98% | 2% | 0% | 2% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
RBC’s policy is to settle the terms of payment with suppliers when negotiating and agreeing upon the terms of each arrangement. RBC ensures that suppliers are made aware of and abide by the terms of payment. Standard terms of payment are normally 30 days from receipt of the invoice. However, some supplier contract payment periods may vary depending on the nature of the arrangement (e.g. payment from 45 days from receipt of the invoice, payment period commencing from date of invoice, etc.). There are not different standard payment terms for different types of suppliers or companies, although RBC will consider exceptions to the standard 30 day terms if requested by the supplier.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
Dispute Resolution Process
Complaints or concerns should be raised in the first instance with the Accounts Payable team, for which all suppliers have contact details. The Accounts Payable team will escalate where applicable to the Accounts Payable team leader, Procurement and the Group legal team.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
RBC GLOBAL ASSET MANAGEMENT (UK) LIMITED is a leading investment management firm that offers a wide range of sustainable products and services to its clients. The company is committed to promoting sustainability and responsible investing, while also delivering strong returns for its clients.
The firm offers a variety of investment products and services, including traditional and alternative investment strategies, as well as access to global markets. They have a team of experienced investment professionals who provide expert advice and guidance to clients.
RBC Global Asset Management (UK) Limited is a subsidiary of the Royal Bank of Canada, one of the largest financial institutions in the world. This allows them to leverage the resources and expertise of the bank to provide innovative and sustainable solutions to their clients.
The company has a strong focus on sustainability and responsible investing, with a dedicated team that integrates environmental, social and governance (ESG) factors into their investment decisions. They also have a robust sustainability program that includes initiatives such as reducing their carbon footprint and promoting diversity and inclusion.
Some of their key sustainability products and services include sustainable investing funds, socially responsible investing funds, and green bonds. These products aim to generate positive social and environmental impact while also delivering competitive financial returns.
The key people at RBC Global Asset Management (UK) Limited include the CEO, George Lewis, and the Head of Sustainable Investing, Melanie Adams. They have a team of experienced investment professionals and sustainability experts who are committed to delivering sustainable solutions to their clients.
The company's registered office address is Riverbank House, 2 Swan Lane, London, EC4R 3BF, United Kingdom. Their website address is www.rbcgam.com/uk. Clients can also contact them through their customer service hotline at +44 (0)20 7653 4000.
In conclusion, RBC Global Asset Management (UK) Limited is a leading investment management firm that offers sustainable products and services to its clients. With a strong focus on sustainability and responsible investing, the company is committed to making a positive impact while delivering competitive financial returns.
