Lascelles joins RBC GAM

Eric Lascelles is joining RBC Global Asset Management (RBC GAM) as chief economist, beginning Monday, February 7, 2011.

“We are very pleased to have Eric join our team. We are committed to building on our forecasting capabilities, and providing thought leading, accurate and timely advice to our clients. Eric’s appointment is testament to that,” said Dan Chornous, chief investment officer, RBC GAM. “Eric will maintain the firm’s global economic forecast and help shape our views on interest rates, currencies, corporate profits and valuations. He will also become a member of the RBC Investment Strategy Committee and will be active in keeping our clients informed through ongoing communications with members of the media.”

Lascelles joins RBC GAM from TD Securities, where he served as chief Canada macro strategist. A vice-president and director at TD, Lascelles managed a team of economists and bond strategists on the trading floor, and played a leading role in formulating strategy regarding the Bank of Canada and U.S. Federal Reserve Board. He also communicated economic and market analysis to clients and as a frequent commentator in the media.

In previous roles, Lascelles served as a senior fixed income strategist at TD Securities, an economist at TD Bank and a research economist at Statistics Canada in the Business and Labour Market Analysis Division. He began his career at Goldman Sachs in New York.

Lascelles holds a B.A. in Economics with minors in Finance and Computer Science from Princeton University and a Master’s degree in Economics from Queen’s University.

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