SGSS opens Irish UCITS Gateway
01 July 2015 Dublin
Image: Shutterstock
Societe Generale Securities Services (SGSS) has launched Gateway, its Irish UCITS platform solution to help asset managers establish and market UCITS in Europe.
The solution provides access to an investment fund structure, which allows asset managers to establish UCITS-compliant funds as separate sub-funds under an umbrella structure.
These sub-funds are designed to be established quickly and marketed independently, and will have low start-up and running costs, making them more efficient than establishing a stand-alone fund.
Additional features include audit and company secretary functions, while SGSS will also offer support throughout application and help with local market distribution requirements.
Funds will also have access to SGSS’s distribution support through local European paying and facilities agencies, while the bank will provide fund administration, transfer agency, custody and trustee services, as well as ancillary services such as providing a Key Investor Information Document (KIID).
The solution provides access to an investment fund structure, which allows asset managers to establish UCITS-compliant funds as separate sub-funds under an umbrella structure.
These sub-funds are designed to be established quickly and marketed independently, and will have low start-up and running costs, making them more efficient than establishing a stand-alone fund.
Additional features include audit and company secretary functions, while SGSS will also offer support throughout application and help with local market distribution requirements.
Funds will also have access to SGSS’s distribution support through local European paying and facilities agencies, while the bank will provide fund administration, transfer agency, custody and trustee services, as well as ancillary services such as providing a Key Investor Information Document (KIID).
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