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RBC Dexia picks up GARS mandate
RBC Dexia has picked up a new mandate from Standard Life Investments to provide global custody, investment administration and shareholder services to the company’s new Global Absolute Returns Strategies Australian Trust (GARS).
Announcement of the mandate came at the same time as Standard Life Investments said it had made the GARS solution available to Australian institutional and wholesale investors.
It said the product had already secured $75 million from a prominent institutional investor.
AUTHOR
Mike Taylor
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