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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