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
