Timberland Group selects RBC Dexia for Luxembourg fund

RMK Timberland Group, which manages in excess of $2 billion, has selected RBC Dexia to provide custody, fund administration and shareholder services for its Luxembourg-based specialised investment fund, the RMK Global Timberland Resources Fund. The fund, created to provide institutional investors with the opportunity to participate in a diversified Timberland investment strategy, is expected to make investments in South America, southern Africa, and central and eastern Europe.

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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