RBC Dexia Investor Services today announced that it has been selected as custodian and securities lending provider for the Université du Québec’s $2.3 billion pension fund.

The Université du Québec is the largest university network in Canada, benefiting 87,000 students in nearly 50 Quebec cities.

“After an extensive assessment of the capabilities of the various investor services providers in the Québec marketplace, we determined that RBC Dexia would provide the best overall fit for our organization,” said Richard Laflamme, general director of the Université du Québec’s pension fund. “And while we were certainly impressed by RBC Dexia’s market knowledge and global business approach, the deciding factor for us revolved around their renowned, high-touch approach to servicing their clients.”

“The Université du Québec has a long and successful history as one of this country’s leading academic institutions,” said François Bouchy-Picon, Regional Head, Eastern Canada for RBC Dexia. “We are extremely pleased to welcome them as a new client and look forward to providing the integrated investor services solutions and high level of client focus they are looking for.”