RBC Dexia Investor Services has been selected as custodian and securities lending provider for the Université du Québec’s C$2.3 billion pension fund. The Université du Québec is the largest university network in Canada, benefiting 87,000 students in nearly 50 Quebec cities.
“After an extensive assessment of the capabilities of the various investor services providers in the Québec marketplace, we determined that RBC Dexia would provide the best overall fit for our organization,” says Richard Laflamme, general director of the Université du Québec’s pension fund. “And while we were certainly impressed by RBC Dexia’s market knowledge and global business approach, the deciding factor for us revolved around their renowned, high-touch approach to servicing their clients.”