Investor-owned fund manager Tradex Management (Tradex) has selected RBC Investor & Treasury Services (RBC I&TS) to provide its full suite of back-office investor services, including custody, fund accounting, securities lending and transfer agency.
Based in Ottawa, Tradex has supported the investment needs of public service professionals and their families since 1960.
The mandate follows the news that RBC I&TS’ has been named custodian to Evermore Capital.
Commenting on the Tradex mandate, Sylvain Gervais, managing director, Quebec and Eastern Canada, client coverage, RBC I&TS, says: “We are pleased to be associated with one of the oldest mutual fund companies in Canada – a not-for-profit oriented organisation dedicated to supporting public sector employees and their families.
Blair Cooper, president and CEO of Tradex, adds: “In RBC we have found a partner with a stellar reputation on a global scale that can provide us with a robust platform for our members. [RBC I&TS] possess a strong working knowledge of our processes and the right solutions to meet our needs – which allows us to focus on providing solid returns for our clients.”
