Solidar Fondservice, the Swedish pension adviser, has appointed RBC Dexia to provide custody, foreign exchange, fund administration, transfer agency and distribution support services. RBC Dexia will also assist with creating the legal infrastructure for the company's new Luxembourg-domiciled funds and provide all middle and back office functions. With SEK9bn (USD1.1bn) AuM, Solidar offers discretionary asset allocation services to Swedish pension savers and saving plans to insurance companies and pension funds.
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