POWERED BY MOMENTUM MEDIA
RBC retains Perpetual mandate
RBC Investor & Treasury Services has retained its custodian and administration mandate with Perpetual.
The renewed mandate will see RBC, which is a part of the Royal Bank of Canada, continuing to provide not only provide administration and custodian services, but also managing unit pricing, fund accounting, tax, and foreign exchange services for Perpetual.
Perpetual general manager for operations and business, Paul Statham, said Perpetual is excited about RBC's commitment to Australia.
Mr Statham said RBC not only has the operational capability to support Perpetual's growth, but they come with the backing of one of the largest banks in the world, with the highest credit rating of all the global custody providers in the nation.
RBS managing director, David Travers, said the two firms have been working closely since 2001 and that it is deeply rewarding to extend the relationship.
Recommended for you
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion.
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses $300 billion in funds under management.
Fund managers remain hopeful for a Chinese revival story despite the “disappointing” stimulus package announced this week.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.57 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
32.09 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
27.42 3 y p.a(%)
