RBC Dexia takes Treasury Group partnership to Dublin

RBC Dexia Investor Services (RBC Dexia IS) has taken its relationship with Treasury Group offshore, becoming the backoffice provider for Dublin-domiciled TG Treasury Asia Fund.

The TG Treasury Asia Fund is managed by Treasury Asia Asset Management, a Treasury Group investee manager run by Peter Sartori, an Asian markets veteran who built a considerable European following over several years running Asia-Pacific equities for Credit Suisse Asset Management. RBC Dexia IS, which already performs backoffice services for Treasury Group and its managers, will use its Dublin office to provide global custody, investment administration and shareholder services to TG Treasury Asia Fund. Treasury Asia Asset Management has $650 million under management, although the Dublin fund has only just launched with a small seed investment.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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