RBC Dexia Investor Services has been chosen to provide global custody, fund administration and shareholder services to two funds.
On 24 July, RBC Dexia announced that Treasury Group, an asset management holding company that acquires majority interests in mid-sized investment management firms, had selected the firm to provide the services for Treasury Group’s recently launched TG Treasury Asia Fund. The announcement represents the expansion of the existing working relationship between RBC Dexia and Treasury Group in Australia.
“We were particularly impressed with RBC Dexia’s increased geographical scope and expanded suite of services following their joint venture in 2006. We feel they are a strong partner who is well positioned to support our business needs in multiple jurisdictions,” says Christine Feldmanis, managing director,
Treasury Group Investment Services.
And on 25 July, RBC Dexia revealed that First State Investments, an assent management firm, had chosen the firm to provide global custody, fund administration and shareholder services (transfer agency) to First State European Diversified Infrastructure Fund FCP-SIF, which provides institutional investors with exposure to European and UK-based infrastructure assets.
“Our decision to work with RBC Dexia was based on a number of factors, including their proven reputation for providing high-quality client service and their strategic, consultative approach during the fund development phase,” says Greg Cooper, chief operating officer, First State Investments.