TORONTO, Jan. 11 /PRNewswire/ - Louisbourg Investments Selects RBC Dexia as Investor Services Provider Toronto, January 11, 2010 - RBC Dexia Investor Services today announced that it has been appointed by Louisbourg Investments Inc. to provide custody, fund accounting and recordkeeping services for the company's suite of funds. Founded in 1991, Louisbourg Investments provides investment management services to private and institutional clients and has approximately CAD 1.2 billion of assets under management.
"We surveyed the marketplace carefully in our search for a suitable investor services provider and ultimately made the decision to work with RBC Dexia," said Luc Gaudet, Chief Executive Officer of Louisbourg Investments. "Ultimately, our decision was based on three main factors - RBC Dexia's financial strength, its impeccable reputation for high quality client service and its local service team here in Atlantic Canada. We are confident they are the best-equipped provider for Louisbourg Investments and the clients we represent."
"RBC Dexia is very pleased to welcome Louisbourg Investments as our newest client in the Canadian market," said John Lockbaum, Managing Director, Canada for RBC Dexia. "We are looking forward to providing Louisbourg Investments with the highest quality of services as we deliver on their needs in the areas of custody, fund accounting and recordkeeping. We anticipate a long-lasting and successful working relationship between our companies."
RBC Dexia Investor Services was recently ranked number one overall in the Global Investor Global Custody Survey for the sixth consecutive year (2004 - 2009). RBC Dexia also excelled in the annual R&M Consultants Global Custody Survey, and was ranked the number one service provider by fund managers and number one for Europe in Global Custodian's 2009 Global Custody Survey. RBC Dexia was also named Global Custody: Client Relationship Manager of the Year in ICFA's 2009 Global Awards.
About RBC Dexia Investor Services
RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,400 professionals in 16 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management practices.
Equally owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.3 trillion in client assets under administration.
RBC Dexia Investor Services Limited is a holding company that provides strategic direction and management oversight to its affiliates, including RBC Dexia Investor Services Bank S.A., a credit institution licensed in Luxembourg by the Commission de Surveillance du Secteur Financier and the Ministry of Finance. All are licensed users of the RBC trademark (a registered trademark of Royal Bank of Canada) and Dexia trademark (a registered mark of Dexia Credit Local) and conduct their global custody and investment administration business under the RBC Dexia Investor Services brand name.
SOURCE RBC Dexia Investor Services