LONDON AND MILAN, Sept. 22, 2011 /CNW/ - RBC Dexia Investor Services
today announced it has won a mandate from Tages Capital SGR, a
newly-launched independent investment management company based in
London, Luxembourg and Milan.
RBC Dexia will provide depository bank, fund administration and
shareholder services to Tages Capital's domestic fund of hedge fund
range, as well as for its Luxembourg-based UCITS funds. The appointment
builds on RBC Dexia's footprint in Italy and its combined onshore,
Mauro Dognini, Managing Director of RBC Dexia Italy, commented: "The
Italian fund management industry is undergoing significant change as
local and European regulation takes effect. Outsourced solutions can
help fund managers to focus on their core business and on generating
returns for their clients. We are delighted to have been chosen by
Tages Capital SGR and look forward to supporting them as they grow."
Panfilo Tarantelli from Tages Capital SGR commented: "Tages Capital is
an independent asset manager specialising in alternative investment
solutions and tailor-made products to the institutional market. For
this reason it is important to select a partner with proven expertise
in supporting alternative vehicles and who is expected to deliver a
responsive, agile and flexible service. RBC Dexia's experience and
commitment is compelling, and we look forward to partnering with them
as we develop our fund range and gather new assets."
RBC Dexia came out on top of the latest R&M Consultants Global Custody
Survey and also excelled in a number of other recent awards, being
named 2010 European Custodian of the Year by Funds Europe magazine; #1
global custodian overall for the Americas and EMEA in Global Investor's
2010 Global Custody Survey. Also being named 'European Transfer Agent
of the Year' and 'Fund Administrator of the Year: Luxembourg' at the
2010 ICFA European Awards.
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 5,400 professionals in 15 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 2.8 trillion in client assets under
www.rbcdexia.com Join our LinkedIn group Follow us on Twitter
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 Dexia Investor Services
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