Portland Investment Counsel has appointed RBC Dexia to provide custody and fund administration services to the closed end investment funds for which AIC Limited is the manager and Portland Investment Counsel Inc. the investment manager. Portland provides investment advisory and portfolio management services and products to individual private clients and to institutional investors across Canada.Randy LeClair, Portland's chief investment officer and portfolio manager, said: "RBC Dexia represents a natural fit for us. They provide excellent global reach as well as market-leading technology and stability. The excellent reputation of the parent companies, in Canada and abroad, is seen as an additional benefit."
