ESG credentials connect RBC I&TS’ custodial services with Melior Investment Management

Sydney, July 3, 2019 - RBC Investor & Treasury Services (RBC I&TS), part of Royal Bank of Canada (RY on TSX and NYSE), has been appointed custodian and administrator for new boutique fund manager, Melior Investment Management.

RBC I&TS will provide custody and fund administration services for Melior, which launched its first fund on 1 July, 2019.

“RBC is a purpose-driven company,” said David Brown, Managing Director for Global Client Coverage for RBC I&TS Australia. “Creating a positive social impact to help clients thrive and communities prosper is absolutely integral to everything that we do.”

“We have a strong connection with Melior’s impact investment approach. At RBC, we measure and report on a comprehensive ESG composite index every year, presenting our sustainability credentials in areas such as our risk conduct, percentage of women directors and executives, and the value of our socially responsible investments.”

Melior is a dedicated impact manager, investing in Australian and New Zealand equities and seeking to deliver competitive market returns and positive social and environmental impact. Melior has launched the Melior Australian Impact Fund, with an investment framework built around the UN Sustainable Development Goals. Melior is the Fund’s investment manager, with The Trust Company (RE Services Limited), a Perpetual group company, serving as the responsible entity and product issuer.

Lucy Steed, Melior’s Chief Executive Officer, said, “We selected RBC I&TS as our custody partner because of its focused strategy for asset managers and its strong ESG credentials, including the diversity of its team, which we felt were a good fit for our new fund.”

“We have been impressed with RBC’s asset manager offering and look forward to partnering with RBC I&TS in supporting the growth and expansion of our business.”

About RBC Investor & Treasury Services

RBC Investor & Treasury Services (RBC I&TS) is a specialist provider of asset services, custody, payments and treasury and market services for financial and other institutional investors worldwide, with over 4,500 employees in 17 countries across North America, Europe, Asia and Australia. We deliver services which safeguard client assets, underpinned by client-centric digital solutions which continue to be enhanced and evolved in line with our clients’ changing needs. Trusted with CAD 4.3 trillion in client assets under administration as at 23 May, 2019, RBC I&TS has been rated by our clients as the #1 global custodian for eight consecutive years and is a financially strong partner with among the highest credit ratings globally. Learn more at

About RBC

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at‎

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For more information, please contact:

Anthea Cudworth
+614 1998 9232