Polaris Capital Management has appointed RBC Investor & Treasury Services as custodian and fund administrator for its Irish-domiciled Polaris Global Value UCITS Fund.
Under the deal, RBC Investor & Treasury Services will offer Polaris Global Value UCITS Fund with custody, fund administration, shareholder services, trustee services, and financial reporting services.
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Headquartered in Boston Polaris manages global and international equity portfolios, combining investment technology and traditional fundamental research to produce top-performing portfolios.
Polaris Capital founder and lead portfolio manager Bernard Horn said: "Moreover, we felt that RBC Investor & Treasury Services was best positioned to support the distribution of our new UCITS vehicle when considering their proactive approach, clear UCITS expertise, and strong track record in supporting fund launches by other U.S. boutique asset managers."
RBC Investor & Treasury Services managing director, asset managers North America Kevin O’Neill said: "We are delighted to be selected by Polaris Capital Management, whose investment philosophy has served them well for decades, as they launch their first UCITS fund."
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