Royal Bank of Canada (Channel Islands) and Royal Bank of Canada Offshore Fund Managers have been appointed by Bramdean Alternatives as custodian and administrator to the company.
Bramdean, which is a Guernsey registered, closed-ended investment company, currently offers share classes denominated in sterling and US dollars which are listed on the London Stock Exchange.
The company's portfolio will invest in private equity funds, hedge funds and specialty funds, such as infrastructure and natural resources, within fixed asset allocation ranges.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till