Optimum Asset Management hired RBC Dexia Investor Services as global custodian and to provide fund valuation services for Optimums new family of pooled funds, confirmed RBC Dexia spokesman Warren Weeks.
An Optimum spokeswoman could not be reached by press time.
The family of pooled funds include the Optimum Canadian Equity Pooled Fund, Optimum Global Equity Pooled Fund and Optimum Bond Pooled Fund, Mr. Weeks wrote in an e-mail response to questions. He could not provide the total assets in the fund family.
Optimum has C$2.3 billion (US$1.9 billion) in assets under management. RBC Dexia has US$2.8 trillion in client assets under administration.