INDEPENDENT multi-manager specialist, IMS, has announced the appointment of RBC Dexia as administrator and custodian for its unique new multi-manager pooling platform.
The platform will effectively unbundle IMS' multi-manager offering by pooling assets into single strategy virtual pools. In addition, it will offer investors increased portfolio management flexibility, enhanced access to specialist investment talent and greater transparency of costs and tax. Anthony John, chief executive of IMS, said: "This is the culmination of months of work behind the scenes to provide a simplified asset-pooling platform creating greater cost efficiencies and transparency for pension schemes, foundation and institutions in different jurisdictions wanting access to a ...
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