Services that meet your needs
Dundee Leeds has developed a custody service through an arm of our parent company, The Dundee Merchant Bank in the Cayman Islands. Offering both custody services and administration can give significant cost and provide synergistic advantages.
Custody
- Document custody and safekeeping
- Holding investments in a nominee name
- Complete subscription and redemption documentation and recording of investment ownerships
- Receipt and processing of information on original purchase price and current investment value from underlying fund administrator
- Assistance with establishing/maintaining bank accounts for the fund
- Receiving cash for new investments, distribution from investments, proceeds from sale of investment, and wiring monies for new investments
- Timely, accurate reporting and reconciliation of cash and bank accounts
