LONDON, May 12 /CNW/ - RBC Dexia Investor Services today announced that it has been appointed as investment services provider to the Adapto range of funds in Luxembourg ('Adapto'). RBC Dexia is to provide full custody, fund accounting, transfer agency, investment compliance and Real Estate Investment Funds (REIF) services for Adapto's Luxemburg fund offering.
Michael Guldstrand, Chairman of Adapto SICAV and Managing Director, of Adapto Advisors said: "RBC Dexia was an obvious choice for us when selecting our servicing partner. A strong presence in Luxembourg and proven expertise throughout the breadth and depth of its range of services makes RBC Dexia a perfect fit with our business structure."
Simon Shapland, Head of Sales and Distribution, for Europe at RBC Dexia, said: "We are extremely pleased to be supporting Adapto's Luxembourg domiciled funds. We have an excellent relationship with Adapto and understand the full scope of its business and how to future-proof its key servicing requirements."
RBC Dexia Investor Services was recently ranked number one overall in the Global Investor Global Custody Survey for the sixth consecutive year (2004 - 2009). RBC Dexia also excelled in the annual R&M Consultants Global Custody Survey, and was ranked the number one service provider by fund managers and number one for Europe in Global Custodian's 2009 Global Custody Survey. RBC Dexia was also named Global Custody: Client Relationship Manager of the Year in ICFA's 2009 Global Awards.
Adapto SICAV is an open-ended investment company. Adapto currently has two Luxembourg based funds; Adapto Nordic 100 a Long/Short equity fund investing in the top 100 Nordic stocks. The fund launched in 2006. Adapto Energy trades the energy complex of oil, coal, gas, CO2 certificates, power (Europe and Nordic). The fund launched in January this year. Adapto has the intention of launching a UCITS fund based on the Nordic 100 concept and is in the process of launching the Adapto Green. Adapto Green is a real estate fund with the purpose of investing in wind power while bringing outstanding returns to the investor. Adapto Advisors AB is a Stockholm based advising company to the Adapto range of funds. For more information www.adapto.se
About RBC Dexia Investor Services
RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,300 professionals in 16 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management practices.
Equally owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.5 trillion in client assets under administration.
RBC Dexia Investor Services Limited is a holding company that provides strategic direction and management oversight to its affiliates, including RBC Dexia Investor Services Bank S.A., a credit institution licensed in Luxembourg by the Commission de Surveillance du Secteur Financier and the Ministry of Finance. All are licensed users of the RBC trademark (a registered trademark of Royal Bank of Canada) and Dexia trademark (a registered mark of Dexia Crédit Local) and conduct their global custody and investment administration business under the RBC Dexia Investor Services brand name.
SOURCE RBC Investor & Treasury Services
For further information: For further information: RBC Dexia: Alex Clelland, London, +44 (0)20 7002 2009, email@example.com