SINGAPORE, April 22 /CNW/ - RBC Dexia Investor Services said today it has extended its relationship with Aisling Analytics Pte Ltd, a leading hedge fund in Asia, to include custody, fund administration and transfer agency for the Merchant Equity Fund, its recently launched long-short resource equity fund.
This mandate further strengthens RBC Dexia's position as an end-to-end service provider in Singapore in both the long only, long-short, and alternative investment space, and enhances its reputation as a reliable and effective partner for companies looking to review their back and middle office requirements in an environment where cost and process efficiencies have come to the fore.
"We have a longstanding back office outsourcing relationship with RBC Dexia", said Michael Coleman, Managing Director of Aisling Analytics, "As such they not only understand our requirements, but they proactively work with us to ensure the optimal operational process and procedures are put in place to support our business."
Scott McLaren, Head of Asia Pacific Sales and Distribution at RBC Dexia, commented: "We welcome the opportunity to expand our relationship with a client like Aisling Analytics, who have demonstrated their ability to provide long term value to their investors. As a specialist investment services provider, we are able to offer solutions that leverage the automation we have across a variety of services. This allows us to provide exceptional operational efficiency and risk mitigation to our clients."
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.
About Aisling Analytics Pte Ltd
Aisling Analytics, the fund manager is a partnership between Michael Coleman and Doug King, who between them have over 40 years' experience trading and managing commodity trading businesses. With both local and international knowledge, Aisling Analytics is uniquely positioned to capture profitable opportunities internationally.
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: Jason Graham, Toronto, (416) 955-5800, firstname.lastname@example.org