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RBC Dexia wins ETF mandate
16 July 2012
RBC Dexia Investor Services will provide services for Swiss & Global’s new ETFs
RBC Dexia Investor Services has won a mandate from Swiss & Global Asset Management to provide custody and fund administration for four recently-launched actively-managed exchange traded funds (ETFs).
The new Luxembourg-domiciled funds aim to outperform their benchmarks by combining two proprietary systematic strategies in one portfolio to take advantage of price trends and valuation anomalies.
Martin Jufer, member of the executive board at Swiss & Global Asset Management, said: “We needed a customized ETF service solution and RBC Dexia’s flexibility and ability to respond with specific ETF custody and fund administration servicing allowed us to launch our latest innovation in the UCITS space successfully and timely.”