RBC Dexia Replaces SEB At Adapto

RBC Dexia Investor has replaced SEB as investment services provider to the Adapto range of funds in Luxembourg. RBC Dexia is to provide custody, fund accounting, transfer agency, investment compliance and Real Estate Investment Funds (REIF) services for Adapto's Luxemburg fund offering
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RBC Dexia Investor has replaced SEB as investment services provider to the Adapto range of funds in Luxembourg. RBC Dexia is to provide custody, fund accounting, transfer agency, investment compliance and Real Estate Investment Funds (REIF) services for Adapto’s Luxemburg fund offering.

Michael Guldstrand, chairman of Adapto SICAV and managing director of Adapto Advisors said: “RBC Dexia was an obvious choice for us when selecting our servicing partner. A strong presence in Luxembourg and proven expertise throughout the breadth and depth of its range of services makes RBC Dexia a perfect fit with our business structure.”

Fredrik Adolfson, portfolio manager at Adapto said the change was due a wish to be more competitive and have better choice.

Simon Shapland, head of European Sales and Distribution at RBC Dexia, said: “We are extremely pleased to be supporting Adapto’s Luxembourg domiciled funds. We have an excellent relationship with Adapto and understand the full scope of its business and how to future-proof its key servicing requirements.”

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