Societe Generale Securities Services (SGSS) in Ireland has been mandated to help Frontier Asia Capital Hong Kong Ltd with the re-domiciliation of its fund in Ireland. SGSS will provide custody, trustee and transfer agency services, as well as all UCITS fund accounting services, including assisting with KIID reporting, fund pricing and client reporting.
The mandate comes against the background of an increasing number of funds from other jurisdictions seeking to establish themselves in Ireland in order to benefit from the UCITS label, which allows funds to be offered for sale in other member states of the European Union and also in Asia and Latin America, SGSS says.
SGSS also offers middle-office services for OTC products, share class hedging, private equity and securities lending in Ireland.
Frontier Asia Capital Hong Kong Limited is an independent investment company based in Hong Kong and regulated by the Hong Kong Securities and Futures Commission. It focuses on a single investment discipline, Asia Pacific ex Japan Long Absolute Return.
(CG)