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Custody news

Optimum Asset Management extends partnership with RBC I&TS


15 June 2023 Canada
Reporter: Klea Neza

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Image: Firefighter Montreal
Optimum Asset Management (OGP), the Quebec-based asset management subsidiary of Optimum Financial Group, has expanded its partnership with RBC Investor & Treasury Services (RBC I&TS).

As part of the extended mandate, RBC I&TS will provide custody, fund accounting and shareholder services for OGP’s nine mutual funds.

Established in 1969, the Optimum Financial Group is active in the global asset management, general insurance and real estate sectors, among others.

Claude Cyr, executive vice president of Optimum Holdings, says: “[RBC I&TS’] expertise in custody, fund accounting and shareholder services aligns perfectly with our vision for delivering superior investment solutions to our clients.

“We believe this expanded mandate will further strengthen our operational capabilities and allow us to focus on driving value for our clients.”

Sylvian Gervais, managing director and co-head of RBC I&TS, states: “This expanded partnership is a testament to our dedication to delivering exceptional value and expertise to our clients.”

“We are honoured to be chosen as OGP’s trusted partner and are confident in our ability to deliver operational excellence and drive mutual success. By working closely together, we will continue to provide Optimum with the comprehensive support they need to navigate the evolving financial landscape.”
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