Category: RBC

HSBC and Mount Street Group have entered into a 10-year strategic agreement with Aviva Investors for asset servicing arrangements for its real assets business, covering GBP50bn (USD60bn) AuM. The mandate will see HSBC and Mount Street assume all fund administration and debt servicing functions on behalf of Aviva Investors’ real assets strategies. The mandate follows…

RBC Investor & Treasury Services has appointed David Giannone as global head of business development and a member of the executive operating committee. In this newly created role, he will lead RBC I&TS’ global sales force. Prior to this appointment, Giannone was managing director and head of U.S. for RBC I&TS. He will continue to…

RBC Investor & Treasury Services has been selected by Tradex Management Inc. to provide back-office services, including custody, fund accounting, securities lending and transfer agency. Tradex, a fund manager based in Ottawa, has exclusively supported the investment needs of public service professionals and their families since 1960. Blair Cooper, president and CEO of Tradex, said:…

Citi has announced some senior management changes in Europe: Alex Todd has been appointed head of securities services for Europe. He will report to Maria Cantillon, EMEA head of securities services sales, Kristen Braden, and Bryan Murphy, global head of bank sales. He will continue in his role as EMEA head of bank sales. He…

Dave Scanlan has joined J.P. Morgan as executive managing director, fund services EMEA operations, based in Dublin. Scanlan joins from RBC Investor & Treasury Services, where he spent more than eight years, most recently as global head of specialist product services. His move follows the recent departure of Padraig Kenny, formerly the head of RBC’s…

RBC Investor & Treasury Services has been named custodian by Evermore Capital Inc. for Canada’s first target date ETFs, eight of which were launched in February. RBC I&TS will also provide ETF accounting and administration services. This is a new relationship with Evermore, a Canadian asset management company currently focused on retirement ETFs. Myron Genyk,…

Universal-Investment has been appointed as the new ManCo for the Luxembourg fund portfolio of Switzerland’s Fisch Asset Management. The Fisch Umbrella Fund, with AuC of c. EUR4.5bn (USD5.1bn), covers 13 UCITS sub-funds which include corporate bond, convertible bond and absolute return funds. RBC Investor Services Bank remains responsible for fund administration, custody and transfer agency.…