Vontobel Asset Management, a subsidiary of Swiss private bank Vontobel group, has selected RBC Dexia Investor Services to provide fund accounting, custody, transfer agency and register services for all Vontobel funds registered under Swiss law. Vontobel Switzerland’s CHF5 billion fund business specializes in private wealth management and asset management for institutional investors.
Dominic Gaillard, head of Vontobel Asset Management Services, said: “We are delighted to be working with RBC Dexia not only for our fund operations in Luxembourg but now for our Swiss fund operations too.”
Tony Johnson, global head of sales and distribution at RBC Dexia, said: “This agreement reinforces our leading position in Switzerland and is testament to our expertise in servicing funds in offshore and domestic markets for the world’s leading asset managers.”
RBC Dexia Investor Services, is equally owned by Royal Bank of Canada and Dexia.
