Bennelong selects RBC as custodian
22 September 2015 Sydney
Image: Shutterstock
RBC Investor & Treasury Services has been appointed by Bennelong Funds Management to be its custodian and administrator.
Under the mandate, RBC will administer the Bennelong Avoca Emerging Leaders Fund, Bennelong Australian Equities Fund, Bennelong Concentrated Australian Equities Fund and Bennelong ex-20 Australian Equities Fund.
RBC will also administer additional funds that are due to be launched later in the year.
Craig Bingham, CEO of Bennelong, commented: “We needed an administrator who could facilitate our efforts. RBC comes with the backing of one of the largest banks in the world, but has the funds management expertise and client focus we were seeking.”
Under the mandate, RBC will administer the Bennelong Avoca Emerging Leaders Fund, Bennelong Australian Equities Fund, Bennelong Concentrated Australian Equities Fund and Bennelong ex-20 Australian Equities Fund.
RBC will also administer additional funds that are due to be launched later in the year.
Craig Bingham, CEO of Bennelong, commented: “We needed an administrator who could facilitate our efforts. RBC comes with the backing of one of the largest banks in the world, but has the funds management expertise and client focus we were seeking.”
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