FUND ADMINISTRATION

RBC selected as custodian for new Irish UCITS fund

Chiron Investment Management opts for RBC as custodian and fund administrator of new fund.

By Jonathan Watkins jonathan.watkins@strategic-i.com May 18, 2017 9:32 AM GMT

RBC Investor & Treasury Services has been selected by Chiron Investment Management as custodian and fund administrator for its new Irish domiciled Chiron Global Opportunities UCITS fund.

Chiron Investment Management is a boutique investment management firm dually-headquartered in New York City and Kansas City.

RBC I&TS will provide custody, fund administration, analytics, treasury, and related UCITS fund services from its operations in Dublin, Ireland.

“Ireland remains an attractive and competitive international centre for globally distributed investment funds,” said Kevin O’Neill, managing director, asset managers – North America, RBC Investor & Treasury Services.

The mandate follows two others deals for RBC this year. In March the bank announced it had been selected by Uniting Financial Services (UFS) as its custodian and administrator.

This followed the announcement that AXIO Capital had appointed RBC to provide custody services, holding liabilities and positions for one of its funds.