RBC Dexia to act as Aviva’s Lux transfer agent
RBC Dexia has been appointed to act as transfer agent for all of Aviva Investors offshore Luxembourg funds and distribute its Asian Sicav range
Funds custodian RBC Dexia is to manage record keeping, reporting and communication with investors on behalf of insurer giant Aviva’s Luxembourg asset management business.
It will service its whole range of offshore Luxembourg funds, and distribute its Asian Sicav range, with assets of more than Eur 9bn.
As a result of the agreement, eight of Aviva’s Luxembourg staff will move to RBC Dexia’s office.
RBC Dexia, which houses its largest European office in Luxembourg, was picked due to its global presence and expertise in the market, said Aviva’s local head for the jurisdiction, William Gilson.