Carvetian Capital Management has selected RBC Dexia to provide global custody services to its UK authorised funds.
Carvetian is Yealand Administration Group’s Authorised Corporate Director (ACD) entity, and expects to launch a number of new funds in 2011. RBC Dexia was appointed to work alongside RBS, Carvetian’s chosen Trustee.
Stephen Cooke, managing director of Yealand, commented: "Carvetian offers a high touch, high quality service to clients, and it was important for us to find a custody partner that shares this ethos. We felt that RBC Dexia was best placed to fill that role."
Simon Shapland, RBC Dexia’s managing director for the UK, said: “Carvetian is an ambitious new high-end management company, and we look forward to working with RBS to support its growth.”
