RBC Dexia Investor Services has picked up a mandate to provide custody, fund administration and transfer agency services to Luxembourg-based Pantera Investment Grade Strategies Fund (Pantera IGS Fund).

The fund is an open-ended specialised investment fund, participating in purchases of bank medium term note and bond issuances.

“RBC Dexia’s consultative approach to servicing our fund and their ability to advise on regulatory matters, fund registration and distribution will go a long way in helping us fulfil our business objectives,” said Mark Porcelli, chairman and fund manager at Pantera. “Their tailor-made service solution and deep experience with Luxembourg-based funds were clear differentiators when it came to choosing a service partner.”