Presima Yield Fund appoints RBC I&TS as custodian 04 September 2020Toronto Reporter: Maddie Saghir
Image: Javen/ Adobe Stock
RBC Investor & Treasury Services (I&TS) has been selected to provide custody and investment administration services for the Presima Yield Fund.
Presima is a boutique investment manager exclusively focused on real estate securities that is headquartered in Montreal, Canada.
Sylvain Gervais, managing director and co-head, Quebec and Eastern Canada, RBC I&TS, commented: “We are thrilled to be initiating a new long term partnership with Presima. I am confident our sophisticated technology based solutions and considerable experience in the market will allow us to provide them with an exemplary level of client service.”
Emmanuel Matte, CEO of Presima, stated: “Adding one of our funds to the Fundserv platform and being able to offer our investment solutions to a different type of clientele is a new and exciting experience for us.”
Matte added: “In selecting a partner to do this, we wanted to ensure that we would get end-to-end support from an experienced and trusted provider – and that is why we selected RBC I&TS to accompany us as a partner.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times