Capita wins FA mandate for Irish UCITS fund 14 November 2011Dublin Reporter: Anna Reitman
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Capita has announced its appointment to provide fund administration services for Odey Asset Management, which just launched one of the first UCITS funds authorised by Ireland's central bank.
Capita will be providing daily dealing fund accounting, administration and transfer agency services to the umbrella fund.
Tim Pearey, CFO at Odey, said, “Having reviewed a number of providers, we chose Capita for their well regarded reputation in the industry for providing an excellent service.”
The Odey Odyssey Fund is authorised by the Central Bank of Ireland under the UCITS IV directive and another sub-fund, the Odey Giano European Fund, has also just been launched.
Paul Nunan, managing director of Capita (Ireland) said, “Our current and extensive client portfolio in Ireland reflects our expertise in the market as well as showcasing our successful approach to building strong client relationships for the long term."
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