London
18 May 2017
Reporter: Drew Nicol
RBC wins Irish assets mandate
Royal Bank of Canada (RBC) has been chosen by Chiron Investment Management to act as custodian and fund administrator for its new Irish-domiciled Chiron Global Opportunities UCITS fund.

RBC Investor & Treasury Services will provide custody, fund administration, analytics, treasury, and other UCITS fund services from its operations in Dublin.

The boutique investment management firm’s decision to offer RBC the mandate comes as part of its strategy to deliver superior risk-adjusted returns to clients using a behavioural and empirical approach to security selection and asset allocation across asset classes and geographies.

Enrico Gaglioti, co-founder and CEO of Chiron Investment Management, said: “RBC’s understanding of the UCITS sector, strong track record of supporting fund launches by US boutique asset managers, client-centric approach and robust technology solutions make them strong partners in supporting our continued growth.”

Kevin O’Neill, managing director, asset managers for North America at RBC Investor & Treasury Services, said: “When deciding on a service provider for the launch their first UCITS fund, Chiron Investment Management recognised our capabilities and in-depth market knowledge that has been built over decades supporting US fund managers.”

“Ireland remains an attractive and competitive international centre for globally distributed investment funds. We look forward to partnering with organisations like Chiron as they seek growth opportunities in new markets

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Eagle Fund Accounting Solution to be used by Desjardins
24 July 2017 | | Reporter: Jenna Lomax
Desjardins Asset Management, part of Desjardins Group, previously signed with Eagle Accounting for its asset management in 2011
Clearstream gains Edmond de Rothschild as Vestima client
24 July 2017 | Switzerland | Reporter: Jenna Lomax
Vestima, Clearstream’s fund process programme, will assist Rothschild by processing its assets in its mutual funds and hedge funds on a single platform
Northern Trust to offer fund services to GuideStone Funds
24 July 2017 | Dallas | Reporter: Jenna Lomax
GuideStone Funds is a subsidiary of GuideStone Financial Resources, a financial service providing retirement, investment and life and health plans to evangelical Christian churches, educational institutions and ministry organisations
BNY Mellon recruits for alternative investment team
21 July 2017 | New York | Reporter: Jenna Lomax
BNY Mellon has made two senior appointments to its alternative investment services team
Euroclear sees strong H1 asset growth
21 July 2017 | Frankfurt | Reporter: Jenna Lomax
Post-trade service provider Euroclear saw its asset under safekeeping increase by 5 percent to €28.4 trillion in the first half of 2017
Record AuC figures for BNY Mellon
21 July 2017 | New York | Reporter: Stephanie Palmer
BNY Mellon recorded high levels of assets under custody and administration in Q2 2017, reaching $31.1 trillion
LSEG and IBM partner for SME blockchain
20 July 2017 | London | Reporter: Drew Nicol
The framework will be built on Hyperledger Fabric version 1.0 and hosted by The Linux Foundation
More news