Melbourne-based Warakirri Asset Management has hired Royal Bank of Canada (RBC) Investor & Treasury Services to conduct its core custody, fund administration, registry and risk and investment analytics.
The Australian firm offers specialist investment for charities, domestic and international pension funds. Its clients can access Australian and international equities, Australian agriculture, currency management and US real estate.
Warakirri’s managing director highlighted RBC’s ongoing investment in technology as a standout aspect. “We were impressed with RBC’s technology platform and strong commitment to the ongoing development of their IT and service platform,” said Jim McKay.
He added: “Not only were RBC able to offer a solution tailored to meet our AMIT [Attribution Managed Investment Trust] requirements, but a consolidated offer inclusive of wholesale and retail registry services.”
RBC has its sights set on Australia’s fund management market as it continues to grow rapidly.
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