Societe Generale Securities Services in Italy has been appointed by the €1.2 billion Fondenergia, the contractual pension fund for employees in the Italian energy industry, to act as its depositary bank.
SGSS was retained by Fondenergia to provide custody and depositary bank services for fund monitoring and trustee services to ensure that all the controls required by the Italian regulator are met for full compliance in order to reach its investment goals.
Energy Industry Pension Fund Retains SGSS in Italy
Societe Generale Securities Services in Italy has been appointed by Fondenergia, the contractual pension fund for employees in the Italian energy industry, to act as its depositary bank.