Trust your organization's assets to a leading custodian1.
RBC Wealth Management has over 30 years of experience meeting the global custody needs of corporate, institutional and private clients worldwide. In particular, our global custody services are ideal for:
- Fund promoters that are considering a start-up or exchange listing—or reviewing existing service providers
- New businesses that want to enjoy the efficiencies of using a single, full-service offshore provider
- Investment managers
Operating from the Channel Islands, RBC's Corporate & Institutional (C&I) team holds more than US$33 billion in AUA2. These are principally for funds and private or institutional managed accounts for investment managers.
We also provide custody services to more than 30 funds, for leading global fund sponsors and investment managers. Processing an estimated 450 trades a month, our proprietary hedge fund dealing system, UTMOST, is capable of providing clients and fund promoters with a full trade status report.
Our global custody services include:
- Execution and fulfillment of trades in alternative investments on behalf of investment managers, on a non commission basis
- Fully segregated private/institutional client capital and income reporting and valuation (also available for alternative investments)
- Prompt handling and collection of all trade settlement and investment income to meet cash flow requirements
- Provision of interest-bearing accounts and fixed term deposits in any major currency
- Contractual settlement date accounting3 to meet cash management and foreign exchange needs
- Accurate reports and valuations for client portfolios
- Trade settlement in 80 of the world's markets through a single point of contact
In addition, we offer access to other services such as forward foreign exchange, bridge financing and treasury management.
Talk to Us
We look forward to discussing how we can help meet your global custody needs. All inquiries are welcome and will be treated confidentially. Client references are available upon request.
Your attention is drawn to the risk warnings that are displayed under "Product Specific Legal".
Please note that Royal Bank of Canada (Channel Islands) Limited does not provide dealing services in respect of securities (including bonds) to clients who are resident in Canada or the USA. Deals would need to be placed by the client’s registered advisor/manager.
1 Royal Bank of Canada (Channel Islands) Limited (“RBCCIL”), with AUA of USD 11.9 billion, is one of the largest fund custodians in the Channel Islands: Lipper Fitzrovia, 30th June 2010.
2 Figures relate to Royal Bank of Canada (Channel Islands) Limited and are correct as at 31st December 2010.
3 Available in select markets but not applicable to certain security types including, but not limited to, mutual funds and unit trusts (including hedge funds and funds of hedge funds).
Potential clients should note that the regulatory regime, including any compensation or investor protection arrangements, may well be different from their home jurisdiction. Depending on your citizenship and residency these products and/or services may not be available to you.
