RBC Dexia Investor Services has been selected by Ark Fund Management Limited to provide a full range of investor services including custody, investment finance, valuations and unitholder recordkeeping for the company’s entire family of hedge and mutual funds.

“We founded this company to deliver unique investment products that provide significant diversification benefits to investors,” says Peter Shippen, President and CEO of Ark Fund Management. “And after carefully evaluating the various providers available, we are confident that RBC Dexia is the most prudent choice to help us achieve our long-term business goals.

Ark Fund Management is one of the newest companies on the Canadian asset management landscape, having acquired the assets of SciVest Alternative Strategies Inc. in August of this year.

The Toronto-based fund company offers mutual fund and hedge fund products to Canadian investors.

To comment on this story, email craig.sebastiano@rci.rogers.com.

Copyright © 2020 Transcontinental Media G.P. Originally published on benefitscanada.com

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