GLOBAL - The Benchmark Group part of RBC (Royal Bank of Canada)Global Services has launched Benchmark Commission Recapture, a product designed to help institutional investors reduce trading costs.
The Benchmark Commission Recapture programme rebates a portion of trading brokerage commissions back to participant institutional funds or directed to pay certain fund expenses. Clients can execute trades through any participating broker within RBC Global Services' extensive trading network in North America and abroad.
Fred Francis, vice-president securities finance & global products said: Lower market returns are putting pressure on investors. By reducing expenses, Benchmark Commission Recapture can help boost their overall fund performance.
As the investment analytics consulting arm of RBC Global Services theBenchmark Group’s services also include risk management, compliance monitoring, performance measurement, and attribution analysis.
By Madhu Kalia
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