RBC Global Asset Management has launched four fixed income mutual funds available to institutional and high net worth investors in the US, sub-advised by BlueBay Asset Management.

The funds comprise the BlueBay Emerging Market Corporate Bond Fund, which is managed by Polina Kurdyavko and Adam Borneleit; the BlueBay Emerging Market Select Bond Fund, managed by David Dowsett and Nick Shearn; and the BlueBay Global Convertible Bond Fund, managed by Michael Reed and Alessandro Esposito.

The remaining fund - the BlueBay Global High Yield Bond Fund - is managed by Anthony Robertson and Peter Higgins.

“We have seen a notable trend with US institutional investors seeking alternative and global investment solutions to complement their US exposure,” said Mike Lee, chief executive of RBC.

Class I shares of the funds are offered exclusively to individuals and institutions with a $1 million minimum requirement for initial investment, and are also available as institutional separate accounts with a minimum investment of $100 million.

BlueBay specializes in fixed income and alternative investment products and was acquired by RBC in 2010.

Established in 2001, the UK-based firm offers a range of capabilities in investment grade, high-yield, distressed, convertibles and emerging-market debt, the firm said.