RBC Investor Services (RBCIS) has unveiled its comprehensive analysis of the performance of Canadian DB pension plans within the All Plan Universe for the second quarter of 2023. According to the study, the plans demonstrated a modestly positive quarterly return of 0.8% overall and were ahead by 4.8% over the first half of 2023. Read more.
RBC Investor & Treasury Services (RBCIS) is pleased to announce its rebranding as RBC Investor Services following the acquisition of RBC Investor Services’ operations in Europe and Malaysia by CACEIS. Read more.
PARIS and TORONTO, July 3, 2023 - Today CACEIS, subsidiary of the Crédit Agricole group and Santander, and Royal Bank of Canada (RBC) announced completion of the sale by RBC and purchase by CACEIS of the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. Read more.
TORONTO, June 14, 2023 — RBC Investor & Treasury Services (RBC I&TS) is pleased to announce the expansion of its strategic partnership with Optimum Asset Management (OGP), a Quebec-based asset management subsidiary of Optimum Financial Group. The expanded mandate includes custody, fund accounting and shareholder services for OGP’s nine mutual funds, underscoring the firms’ shared commitment to long-term growth. Read more.
TORONTO, April 28, 2023 — Defined benefit (DB) pension plans in Canada continued to perform positively in the first quarter of 2023 according to the RBC Investor & Treasury Services All Plan Universe, a well-established and extensive source of data on Canadian DB pension plans. These plans generated a median return of 4.0%, building upon Q4 2022 returns of 3.8%. Read more.