CACEIS to Provide Depot Bank Services for Aberdeen Real Estate Fund in Germany

Aberdeen Immobilien Kapitalanlagegesellschaft, a subsidiary of Aberdeen Asset Management, has selected CACEIS in Germany as its new depository services provider for the WertFonds S, a real estate special fund for institutional investors, managed by Acteum Investment. For us it was

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Aberdeen Immobilien Kapitalanlagegesellschaft, a subsidiary of Aberdeen Asset Management, has selected CACEIS in Germany as its new depository services provider for the WertFonds S, a real estate special fund for institutional investors, managed by Acteum Investment.

For us it was important to engage an asset servicing bank like CACEIS, which is capable of supporting both the complex structures of a Service KAG and those of an Asset Manager, stated Matthias Drppel, managing director of Acteum.

The migration of the fund to the CACEIS platform has taken place.

Holger Sepp, co-head and member of the Management Board of CACEIS in Germany said: We are building a close partnership with Aberdeen and Acteum, and will do our utmost to support their business development plans going forward.

(JDC)

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