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09 May 2014
Belgium
Reporter Tammy Facey

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RBC Investor & Treasury Services gets custody mandate

OGEO FUND has mandated RBC Investor & Treasury Services as custodian and fund administrator for its Belgian institutional open-ended collective investment scheme OGESIP Invest.

The OGEO FUND is a pension fund in Belgium, which manages first and second pillar and occupational pensions for public and parapublic organisations such as municipalities, provinces and municipal communities.

Sébastien Danloy, managing director of continental Europe and offshore at RBC Investor & Treasury Services, said: “We are delighted to support OGEO FUND with our expertise as they increase their investment and reporting controls in assets under management.”

“[The] OGESIP Invest sicav will provide us with an enhanced governance and control structure in the future,” said Emmanuel Lejeune, member of the OGEO FUND management committee and director of the new sicav.

The fund manages assets and beneficiaries among its eight associated companies.

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