Cadence to Invest $50 Million to Support Racial Equity - Seite 2

"We are excited to work with Cadence on this initiative aimed at reducing racial disparities in income and wealth within the United States," said Mr. Homer. "Through Access Capital's 25-year history of impact investing, doors have opened that facilitated more people of color to enjoy the benefits of the American dream of wealth, homeownership and income appreciation. On the heels of Black History Month, we must understand the importance of building racial equity across America."

To learn more, please read our blog at www.cadence.com/go/rbcracialequity.

About Cadence Design Systems, Inc.

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world's most innovative companies, delivering extraordinary electronic products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. For eight years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

About RBC Global Asset Management

RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes money managers BlueBay Asset Management and Phillips, Hager & North Investment Management. RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. The RBC GAM group of companies manage approximately $525 billion CAD in assets and have approximately 1,500 employees located across Canada, the United States, Europe and Asia.

© 2023 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

Category: Featured

Cadence Media Relations Contact:
Cadence Newsroom
408-944-7039
[e-mail]

RBC Global Asset Management Media Relations Contact:
Tony Catinella
Sr. Manager, Communications, RBC Global Asset Management
617-722-4711
[e-mail]

View additional multimedia and more ESG storytelling from Cadence Design Systems on 3blmedia.com.

Contact Info:
Spokesperson: Cadence Design Systems
Website: https://www.3blmedia.com/profiles/cadence-design-systems
Email: [e-mail]

SOURCE: Cadence Design Systems

View source version on accesswire.com:
https://www.accesswire.com/743021/Cadence-to-Invest-50-Million-to-Supp ...


The Cadence Design Systems Stock at the time of publication of the news with a fall of -1,49 % to 196,3EUR on Nasdaq stock exchange (09. März 2023, 21:30 Uhr).