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RBC Dexia wins custody mandate

10 March 2010

RBC Dexia Investor Services today announced that it has been selected by RBC Global Asset Management to provide custody and trustee services to Canadian investment management company Phillips, Hager & North.

Read more: [RBC Dexia Investor Services]

RBC Dexia Investor Services today announced that it has been selected by RBC Global Asset Management to provide custody and trustee services to Canadian investment management company Phillips, Hager & North.  Total value of the new mandate...
 

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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%

Quote

Many traditional fund managers that have ventured into the hedge fund space have effectively taken their eye off the ball. Allocating traditional fund managers to manage a hedge fund is potentially a fiduciary issue.

Todd Ruppert, president and CEO of T Rowe Price Global Investment Services


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