SGSS launches Global Fund Distribution Hub in Luxembourg

LuxembourgSociete Generale Securities Services (SGSS) has launched a fund distribution hub in Luxembourg, to support asset managers looking to distribute Ucits and alternative investment funds internationally.

The centre will allow asset managers to access a local and cross-border network in Europe and Asia through one fund distribution interface.

An international team with a track record in setting up Ucits and alternative investment funds will provide assistance, by working with local representative agent support services for fund distribution in 14 countries.

The local-representative agent offering will offer help with market access, fund registration, administrative and legal support, investor inquiry monitoring and local market intelligence.

The distribution hub will provide expertise on entering complex international markets and will also be able to manage the fund registration process with local regulatory authorities on behalf of asset management firms.

SGSS is responsible for coordinating the local representative agents and will provide an overview of fund activity to facilitate distribution. The firm says that by taking on fund registration and administrative management, it will allow asset managers to focus their time and efforts on their core investment activities.

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