City National Rochdale disclosed today that it has established an Asian subsidiary – City National Rochdale Asia Ltd. – and inaugurated a brand-new office in Hong Kong to house analysts who will provide research for the City National Rochdale Emerging Markets Fund.

“Our expanded research team in Hong Kong is expected to strengthen our emerging markets research capabilities, and our investment in Asia underscores our long-term commitment to our emerging markets strategy,” said Garrett D’Alessandro, chief executive officer at City National Rochdale in New York, which manages $24 billion in assets. “The expansion and consolidation of our Asia research team in Hong Kong will enhance our ability and complements our broad array of investment strategies to identify attractive equity investment opportunities across Asia for our City National Rochdale Emerging Markets Fund (ticker: RIMIX). Our approach has historically generated a strong performance in a tough environment. Our good results have stemmed from our intensive fundamental bottom-up research approach.”

Anindya Chatterjee, with more than 19 years of research experience covering the Asian markets, is the senior portfolio manager of the City National Rochdale Emerging Markets Fund, which has more than 41% of its holdings in companies in China and more than 25% in India. Chatterjee spends a significant amount of his time in Asia researching companies and meeting analysts, think tanks and company managements.

About City National Rochdale:

City National Rochdale specializes in personalized portfolio management for high-net worth individuals, families, and foundations, and provides clients with service that relates all investment decisions to each client’s personal benchmark. City National Rochdale manages $24 billion as a registered investment advisory firm headquartered in Los Angeles  and New York City. City National Rochdale is a wholly-owned subsidiary of City National Bank, America’s premier private and business bank, which is backed by more than $30 billion in total assets, and provides banking, investment and trust services through 77 offices.