Getting in on the ground floor with the establishment of Aubrey Capital Management’s Australian-domiciled fund earlier this year has paid dividends for RBC Dexia Investor Services in the form of another mandate.
RBC Dexia announced that it had been appointed by the Edinburgh-based Aubrey Capital Management to provide global custody, fund administration, foreign exchange and transfer agency services to two UCITS funds to be serviced out of Dublin.
Commenting on the mandate, Aubrey Capital Management chief executive Barry McCorkell said that RBC Dexia had helped the firm launch its Australian-domiciled fund earlier this year, and this had made them a natural choice.
The mandate announcement noted that an existing RBC Dexia client, Treasury Group, had acquired an equity stake in Aubrey Capital Management late last year.
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
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