RBC Dexia Investor Services has been selected as custodian and securities lending provider for the Université du Québec’s pension fund.
“After an extensive assessment of the capabilities of the various investor services providers in the Québec marketplace, we determined that RBC Dexia would provide the best overall fit for our organization,” said Richard Laflamme, general director of school’s fund.
“We are extremely pleased to welcome them as a new client and look forward to providing the integrated investor services solutions and high level of client focus they are looking for,” says Francois Bouchy-Picon, RBC Dexia’s regional head, Eastern Canada.
The university’s pension fund has $2.3 billion in assets.
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