Aubrey Capital Management, the Edinburgh based investment management group, has appointed RBC Dexia to service its Dublin-based UCITS funds.
Under the agreement, RBC Dexia Investor Services will provide global custody, fund administration, foreign exchange and transfer agency services for two UCITS funds to be serviced out of Dublin.
Aubrey Capital Management CEO Barry McCorkell said RBC Dexia helped Aubrey Capital launch its Australian domiciled fund earlier this year and their subsequent service and support continues to impress Aubrey Capital.
"Their significant investment in distribution support and expertise in setting up and servicing UCITS structures, combined with the client service excellence they have already proven, made this appointment the natural choice," McCorkell said.
Existing RBC Dexia client, Treasury Group (TRG) acquired an equity stake in Aubrey Capital Management in late 2009. Treasury Group partners with boutique fund managers like Aubrey Capital Management in developing their businesses through marketing and distribution, governance, risk and compliance services and business administration.
RBC Dexia managing director David Travers said RBC Dexia’s on-the-ground support in Dublin during the set up of Aubrey’s UCITS funds was instrumental to its appointment.
"Having a strong relationship with Treasury Group and working with Aubrey on their Australian domiciled fund gave us a clear understanding of their unique requirements and their business goals," Travers added.