New ops head for RBC Dexia

The head of fund services at custodian RBC Dexia, Gordon Little, has been promoted to a widened role.

Little has also become head of operations for the investor services group, following the secondment of David Banks to the “;Asia-Pacific portion of a global project”;, according to managing director of RBC’s Australian office, Scott MacDonald.

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‘Not an ATM’: Sicilia shrugs off private credit liquidity fears

The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.

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