Melior Investment Management selects RBC I&TS for custody services
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Melior Investment Management selects RBC I&TS for custody services 03 July 2019Sydney Reporter: Jenna Lomax
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RBC Investor & Treasury Services (I&TS) has been selected by Melior Investment Management to provide its custody and fund administration services.
Melior is an impact manager, investing in Australian and New Zealand equities,
seeking to deliver competitive market returns and positive social and environmental impact.
Melior has launched the Melior Australian Impact Fund, with an investment framework built around the UN Sustainable Development Goals.
Lucy Steed, CEO of Melior Investment Management, said: “We selected RBC I&TS as our custody partner because of its focused strategy for asset managers and its strong environmental, social and corporate governance credentials, including the diversity of its team, which we felt were a good fit for our new fund.”
David Brown, managing director for global client coverage for RBC I&TS Australia, commented: “RBC is a purpose-driven company. Creating a positive social impact to help clients thrive and communities prosper is absolutely integral to everything that we do.”
He added: “We have a strong connection with Melior’s impact investment approach. At RBC, we measure and report on a comprehensive ESG composite index every year, presenting our sustainability credentials in areas such as our risk conduct, percentage of women directors and executives, and the value of our socially responsible investments.”
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