RBC Dexia Investor Services has been selected by Swiss-based Active Earth Investment Management to provide custody, fund administration, registrar and transfer agency services for its Active Earth fund, a Luxembourg-based Ucits fund which integrates sustainability metrics as part of the valuation process.
Active Earth is a new fund management company aiming to build a bridge between traditional and sustainable fund management by evaluating the future visibility of financial returns for companies by systematically screening material extra-financial data.
This includes a company’s environmental, social and governance metrics.
"We studied the respective capabilities of several leading providers, and ultimately decided upon RBC Dexia as our investor service partner," says Daron Sheehan, managing director of Active Earth Investment Management. "We feel that RBC Dexia set itself apart through its willingness to customize a solution based upon our specific requirements, as well as its global infrastructure and unparalleled expertise helping organizations like ours distribute products in other jurisdictions via Ucits funds."
"We are very pleased to be partnering with the team at Active Earth Investment Management," adds Simon Shapland (pictured), head of sales and distribution, Continental Europe at RBC Dexia "Working with clients such as Active Earth and allowing them to focus on their strategic business priorities is the cornerstone of our service offering. We are looking forward to a productive working relationship."