SYDNEY, Nov. 30 /CNW/ - RBC Dexia Investor Services today announced that it has been awarded a mandate by Aberdeen Asset Management to provide unit registry services for the funds which it recently purchased from Credit Suisse.
"RBC Dexia has been chosen as we believe they are best equipped to provide us with a single, consolidated unit registry service," said Brett Jollie, Head of Australia, Aberdeen Asset Management. "We already have a strong relationship with RBC Dexia, which is currently the sole provider of unit registry services to Aberdeen's Asia Pacific operations, and now look forward to furthering this relationship on a larger scale. RBC Dexia has the capability to provide Aberdeen with consolidated reporting in the Asia Pacific region regardless of which country our clients choose to invest in. Combined with strong local support RBC Dexia provides Aberdeen with an efficient unit registry service which is extremely scaleable as Aberdeen looks for further growth."
"We are very pleased to be selected for this mandate," said David Travers, Managing Director of RBC Dexia Investor Services in Australia. "Our existing partnership with Aberdeen Asset Management means we have a comprehensive understanding of their needs. The strength of our offering in the Asia-Pacific region, extensive local market knowledge and ability to support clients on a global transfer agency platform make us a natural choice of service provider for asset managers with international activities."
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 in Global Custodian's 2008 Global Custody Survey. RBC Dexia was also named Global Custody: Client Relationship Manager of the Year in ICFA's 2009 Global Awards
About Aberdeen Asset Management
Aberdeen Asset Management Limited is a wholly-owned, Australian-based subsidiary of Aberdeen Asset Management PLC, an independent asset management group founded in 1983 in Aberdeen Scotland. Aberdeen's business is the active management of financial assets, chiefly equities, fixed income and property.
Aberdeen invests worldwide and follows a predominantly long-only approach, based on fundamentally sound investments. It packages its skills in the form of segregated and pooled products.
The Aberdeen Group has 28 offices in 23 countries around the world. It has had a presence in Australia since December 2000 and has grown organically and by acquisition since that time. The Australian business manages around $20 billion for a range of global and domestic clients including listed investment companies, managed investment schemes and segregated mandates.
About RBC Dexia Investor Services
RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide, including Canadian pension funds. Our unique offshore and onshore solutions, combined with the expertise of our 5,400 professionals in 16 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management processes. Equally-owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.3 trillion in client assets under administration.
SOURCE RBC Investor & Treasury Services
For further information: For further information: RBC Dexia: Alex Clelland, London, +44 (0)20 7002 2009, email@example.com; Amber Lyne, Sydney, +61 (0)2 8262 5011, firstname.lastname@example.org