Free Trial

Global Investor Magazine Copying and distributing are prohibited without permission of the publisher

RBC Dexia achieves UCITS first

18 January 2010

RBC Dexia is to service Canada’s first Ireland based UCITS fund

Read more: [RBC Dexia to service Canada’s first Ireland based UCITS fund McLean Budden]

RBC Dexia Investor Services has been selected by McLean Budden, to provide custody, fund administration and transfer agent for a UCITS (Undertakings for Collective Investment in Transferable Securities) fund to be based in Ireland. “For us, launching a UCITS fund is about matching the strength of McLean Budden’s solid reputation...


 

Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
17%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
14%