ING selects RBC Dexia for Asia distribution

Three-year-old global custodian RBC Dexia Investor Services is increasing its presence in the region with a mandate from ING Investment Management Asia-Pacific to provide administrative and nominee services. Under the mandate, RBC Dexia will service 11 offshore ING Luxembourg funds over 300 share classes in Hong Kong, Malaysia, the Philippines, Singapore and Taiwan. Under what the company calls a "unique transfer agency model" approach, RBC Dexia has designed its model based on the …