New York-based investment firm, EMS Capital, has selected RBC Dexia Investor Services to service its new fund. RBC will offer trustee, custody, fund administration, financial reporting, distribution support and shareholder services for the Tensor Fund.
The Tensor fund is a Ireland-domiciled Ucits fund. The prospect of increased regulation and demand for transparency is boosting the attractiveness of tax efficient offshore centers, such as Dublin and Luxembourg. RBC Dexia has operations in both jurisdictions.
Click here for the release from RBC Dexia.