RBC I&TS launches first Luxembourg UCITS fund for DAM
October 10, 2019

RBC Investor & Treasury Services (I&TS) says it has successfully launched the first Luxembourg UCITS fund for Daiwa Asset Management, one of Japan's largest asset management companies.

The new fund, Daiwa Global Funds, has been established in Luxembourg and consists of a series of funds investing in Asian and Japanese equities asset classes. The funds are managed by Daiwa Asset Management from its Tokyo and Singapore offices.

"Asian fund managers are increasingly seeking growth outside of their traditional domestic markets, and are attracted by countries like Luxembourg with its status as an international hub for globally distributed investment funds, notably UCITS," said Andrew Gordon, Managing Director, Asia, RBC Investor & Treasury Services

"The Daiwa Global Funds will be supported by our centre of excellence in Luxembourg, together with our local experts based in Tokyo and Singapore," he explained.





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RBC Investor & Treasury Services (I&TS) says it has successfully launched the first Luxembourg UCITS fund for Daiwa Asset Management, one of Japan's largest asset management companies.

The new fund, Daiwa Global Funds, has been established in Luxembourg and consists of a series of funds investing in Asian and Japanese equities asset classes. The funds are managed by Daiwa Asset Management from its Tokyo and Singapore offices.

"Asian fund managers are increasingly seeking growth outside of their traditional domestic markets, and are attracted by countries like Luxembourg with its status as an international hub for globally distributed investment funds, notably UCITS," said Andrew Gordon, Managing Director, Asia, RBC Investor & Treasury Services

"The Daiwa Global Funds will be supported by our centre of excellence in Luxembourg, together with our local experts based in Tokyo and Singapore," he explained.



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