RBC Dexia has been selected by EMS Capital, a New York-based investment firm, to provide trustee, custody, fund administration, financial reporting, distribution support and shareholder services for Tensor Fund PLC, a new Ireland-domiciled UCITS fund.
EMS Capital LP is part of the recent trend of US asset managers looking to increase their profile within the global investment community by launching a UCITS fund.
“RBC Dexia’s demonstrated thought leadership in distribution support and global distribution trends was a significant differentiator from the other firms competing for our business,” said Kevin Barrett, CFO of EMS Capital LP. “We want a service partner with on-the-ground capabilities and a network of key contacts to help get our UCITS fund noticed and on the shelf in key geographies.”
Padraig Kenny, managing director, Ireland for RBC Dexia Investor Services, commented: “RBC Dexia continues to partner with some of the biggest names in finance to provide the technical knowledge and distribution capabilities needed to service UCITS funds.”
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