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.
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.
Pension funds in Australia and the UK are embracing recent developments that will facilitate the deployment of superannuation capital toward the energy transition in both countries.
With the Goldman Sachs’ S&P 500 long-term outlook occupying headlines over recent days, an Aussie economist has weighed in, noting that, while difficult to time, the US market is poised for a downturn.