RBC appointed emerging markets fund custodian 13 December 2013Dublin Reporter: Daniel Jackson
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RBC Investor & Treasury Services, a part of the Royal Bank of Canada, has been appointed as custodian and fund administrator by Westwood Holdings for its emerging markets fund.
RBC will now provide the emerging markets fund with custody, fund administration, shareholder and trustee services, foreign exchange, financial reporting, and investor information services.
The fund was launched as the first sub-fund of the Irish UCITS umbrella, Westwood Investment Funds.
Tony Johnson, global head of sales and distribution at RBC Investor & Treasury Services, said: “Westwood appointed us thanks to our leading experience in servicing UCITS and our proven track record in supporting complex distribution models. Our ability to help Westwood understand all of the regulatory, product and distribution matters associated with this launch will enable us to fully support them and their growth strategy.”
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