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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.
Services and software companies are set to reap the benefits of the AI boom in 2025, according to a market professional.
Despite ongoing tariff concerns, the State Street Risk Appetite Index rose to 0.36 in January, signalling a return to risk-seeking behaviour after a pause in December.
The yellow metal is riding a perfect storm of macroeconomic and political conditions, setting the commodity up for further growth this year.
While investors remain bullish on the US dollar and equities, they are bearish on just about everything else, Bank of America has found.