28 January 2010 Company Announcements

 

RBC Dexia appointed by Middlefield Group to provide fund administration support

RBC Dexia Investor Services been appointed by Middlefield Group to provide outsourced fund administration activities for its closed end funds.

"RBC Dexia has provided us with excellent custody services since we transferred this business to them and expanding the services program to encompass fund administration was a natural evolution of our relationship," said Garth Jestley, president and chief executive of Middlefield Group.  "This outsourcing contract will apply to all of our closed end funds and will deliver significant operational efficiencies as we continue to expand our funds platform."