23 October 2017
Register now

Caceis signs Russell Investments France

29 November 2012  |  905 views  |  0 Source: Caceis

Russell Investments France has contracted Caceis following the conclusion of a tender process for providing custody and valuation services.

The Russell group is looking to expand its activities in France, where it has operated since 1994 and has €3 billion in assets under management in 2012. It recently changed the status of its Paris division to make it an independent management company operating under the name Russell Investments France. AMF approval for the management of open-ended and dedicated FCPEs, FCPs and mandates was obtained in March 2012.

CACEIS is assisting Russell Investments France by providing custody and valuation services for its first French UCITS, and will support its development while other products are being created. It will also provide additional financial and regulatory reporting services.

Michael Sfez, Managing Director of Russell Investments France, said that: "It was essential for us to find a provider capable of handling tailor-made multi-asset mandates and funds that meet the needs of French investors."

Joseph Saliba, Deputy Chief Executive Officer in charge of business development at CACEIS, added: "We are happy to provide support for the French growth strategy of Russell Investments, a leading player in multi-asset management. Russell Investments France will have full access to our in-depth knowledge of the French and European regulatory systems and our expertise in Asset Servicing to create solid foundations for its investment products." 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.atos.netRegister now

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
15315 views comments | 17 tweets | 30 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13562 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9989 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9928 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8931 views comments | 9 tweets | 18 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job