Aug 27 (Reuters) - Royal Bank of Canada ( RY ) reported

a rise in third-quarter profit on Wednesday, helped by strength

in its wealth management business.

Sluggish economic growth and trade tensions prompted

investors to adjust portfolios, driving up trading volumes and

boosting banks' capital markets performance.

RBC's capital markets business recorded a 13% jump in

net income to C$1.33 billion, driven by higher revenue in

investment banking.

Stronger equity markets in the United States and Canada

lifted assets under management, driving growth in the bank's

wealth unit.

Net income at its wealth management business jumped 15%

to C$1.1 billion.

The country's largest lender reported an adjusted profit

of C$5.53 billion ($4 billion) or C$3.84 per share, in the three

months ended July 31, compared with C$4.73 billion, or C$3.26

per share, a year earlier.

($1 = 1.3817 Canadian dollars)