Société Générale Securities Services (SGSS) in Luxembourg has won a mandate from wealth manager Bedrock to provide custody, fund administration and registrar services for its range of UCITS funds.
As a whole, Bedrock, with offices in Geneva, London and Monaco, oversees over $6 billion in assets for its clients, which includes high net worth individuals and institutions. The firm offers three funds under its 20UGS (UCITS) umbrella, which includes this year’s launch of a fixed income fund exclusively managed by U.S. fixed income manager TCW,
SGSS says it was selected to service these funds due to its ability to provide innovative solutions in line with regulatory changes, in order to meet asset managers’ specific operational needs. Recently, SGSS also extended a mandate with another Swiss asset manager, Swiss Life Asset Managers.
SGSS Wins Custody and Administration Mandate for UCITS Funds
Société Générale Securities Services (SGSS) in Luxembourg has won a mandate from wealth manager Bedrock to provide custody, fund administration and registrar services for its range of UCITS funds.