Swisscanto selects SGSS for fund services 05 April 2018Luxembourg Reporter: Madeleine Saghir
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Swisscanto Asset Management International has selected Société Générale Securities Services (SGSS) for cross-border fund distribution.
Swisscanto will benefit from the support of SGSS’s distribution network of local representative agents, and its central services hub in Luxembourg to distribute its funds in France, Italy, Spain, the Netherlands, and the UK.
SGSS will help enable the client to manage the administrative and legal process for registering funds in each country, where it will be distributed and provide investor inquiry monitoring and local market intelligence.
In addition, SGSS will coordinate various local representative agents and provide a consolidated overview of fund activity. This will facilitate distribution of Swisscanto’s four funds and 26 sub-funds in five European countries.
The firm is also currently considering expansion into Austria, Monaco, and Singapore.
Régis Veillet, head of business development, cross-border fund solution at SGSS in Luxembourg, said: “Swisscanto’s decision shows the commitment of our teams in Luxembourg to provide the best service to asset managers and how SGSS leverages on one of the wider networks to allow fund distribution all over Europe and beyond.”
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