Societe Generale Securities Services (SGSS) has been mandated by Swiss Life Asset Management to provide a wide range of securities services for 60 investment funds totalling EUR 5.5 billion of assets under management.
Under the terms of the mandate, SGSS provides:
- Fund administration and securities lending services for French UCITS,
- Domiciliation, custody, fund administration, fund distribution and securities lending services for Luxembourg UCITS.
SGSS was selected by Swiss Life Asset Management for its client-focused approach, its pan European business coverage and flexible solutions, in particular with regard to master-feeder structures* and real estate funds.
Founded in Switzerland in 1857, the Swiss Life group is today one of the main European providers of life insurance, pension and retirement products.
* Master-feeder structures allow asset managers to extend their cross-border distribution networks within the European Union. They can thus launch funds in one or several member states (the feeders) and centralise the management of the assets in a single fund (the master).