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Custody news

SGSS Russia appointed by Fleming Family & Partners


21 December 2011 Paris
Reporter: Justin Lawson

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Image: Shutterstock
Societe Generale Securities Services Russia (ROSBANK) has been appointed by Fleming Family & Partners Asset Management to act as custodian (depositary) and investment funds trustee (specialised depositary).

SGSS Russia will provide custody, fund trustee and transfer-agent services for the full range of local open-ended and closed-ended funds managed by FF&P AM in Russia.

This new mandate is a result of the long standing commitment of SGSS to the Russian securities industry, where it has developed strong expertise in local clearing, custody and fund services for international corporates, financial institutions and institutional investors. SGSS is today the largest international fund services provider in Russia.
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