RBC Dexia picks up AXA mandate
Big Canadian-based custody services provider RBC Dexia Investor Services has picked up an important new Australian mandate, with selection by AXA Australia to provide custody services for that company’s new superannuation and pension platform, North.
The head of platforms at AXA, David Frost, said the announcement represented an expansion of the existing working relationship between the two companies because RBC Dexia currently provides custody services for AXA Australia’s Summit and Generations platforms.
“We have enjoyed an extremely positive experience working with RBC Dexia and look forward to expanding the scope of our business relationship going forward,” he said.
“We were quite impressed with their willingness to support our new North platform. We feel that RBC Dexia is ideally-suited to assist us in delivering upon our long-term growth strategy.”
AUTHOR
Mike Taylor
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