CACEIS extends custody services with Groupama 28 June 2019Paris Reporter: Rebecca Delaney
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CACEIS has partnered with Groupama Group to provide custodian banks services for its dedicated investment funds.
The firm has an existing agreement with Groupama Asset Management regarding custody for open-ended funds.
The new collaboration will place CACEIS as the leading custodian and fund valuation agent for Groupama as a whole.
Fabrice Heyries, deputy CEO of Groupama Group, commented: “By choosing CACEIS, a leading asset servicing company in Europe, we will benefit from high-quality services and an understanding of our specific needs.”
Joe Saliba, deputy CEO at CACEIS, added: “We are proud to have won this prestigious mandate and we thank Groupama Group for the confidence it has shown in us. This new success confirms CACEIS’ positioning as a key player in the asset servicing market.”
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