RBC Dexia has won the custody administration and registry services mandate covering the newly-launched Omega Global Government Bond Fund and the Omega Global Corporate Bond Fund.
The mandate was announced by Omega Global Investors managing director George Vassos, who said RBC Dexia had come out on top because of its focus on investment managers and its scope of services, which allowed the new funds to be launched successfully in a short timeframe.
Omega Global Investors is a specialist fixed interest manager focused on the institutional market.
Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum.
Institutional investors have entered November with their largest pre-election equity allocation in two decades, according to new data.
The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update.
Australia is becoming increasingly recognised as an attractive investment opportunity against global counterparts, recent analysis has found.