Societe Generale Securities Services launches Global Fund Distribution Hub in Luxembourg
Societe Generale Securities Services (SGSS) has launched a fund distribution hub in Luxembourg to support asset management companies seeking to distribute UCITS and alternative investment funds internationally. Asset managers can now access a broad local and cross-border network in Europe and Asia through one single fund distribution interface.
This centre of expertise supports asset managers through an experienced international team, with a proven track record in setting up UCITS and alternative investment funds, which works with local representative agent support services for fund distribution in 14 countries. The distribution hub provides the expertise required for entering complex international markets and can manage the fund registration process with local regulatory authorities on behalf of asset management firms. The local representative agent offering includes five essential services: market access, fund registration management, administrative and legal support, investor inquiry monitoring and local market intelligence. SGSS is responsible for coordinating the various local representative agents and provides a consolidated overview of fund activity to facilitate fund distribution.
By entrusting SGSS with fund registration and administrative management, asset managers benefit from the operational efficiency provided by the hub’s expertise, thus allowing them to focus on their core investment activities.
A leading provider of securities services on the Luxembourg financial market, SGSS offers a comprehensive range of services to a client base of asset managers and institutional investors, providing clearing and custody, depository, asset servicing and fund administration services, as well as securities lending and borrowing, fund distribution and issuer services.