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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Why Team Super won’t trade against its own managers

In an environment where markets are becoming ever more concentrated, the $21 billion Team Super is happy to wear plenty of active risk from its managers and won’t use overlays to make up for underperformance.

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