The employees pension fund of Italys Banca di Legnano has appointed RBC Investor Services to provide custody, portfolio valuation and depository bank services.
Mauro Dognini, Managing Director, RBC Investor Services in Italy, commented: This new mandate in the pension fund administration arena signals an important development for RBC Investor Services in Italy. With our considerable experience in other markets and our sophisticated technology based solutions, we will provide Fondo Pensione della Banca di Legnano with an exemplary level of client service.
Pasquale Barile, Pension Fund Manager for Banco di Legnano, stated: We look forward to developing a close working relationship with RBC Investor Services and appreciate the consultative approach they have already brought to us. The Board of Directors of the Fund preferred the proposal from RBC Investor Services over other service providers as, in addition to the characteristics of the offer, it was important we work with a partner who has a global track record. In addition, the Board appreciated that a global player like RBC has demonstrated such attention and professionalism to our pension fund that has allowed the working relationship to develop in a very short time.
(JDC)