Opalesque Industry Update - Societe Generale launches a UCITS Fund Solution for fund managers setting up or
redomiciling funds under UCITS regulations. The new service provides an easily accessible,
one-stop solution combining the custody, trustee, administration, execution and finance tools
required to set up UCITS compliant funds, along with the core services required to operate
This new solution has been developed by teams from Societe Generale Securities Services and Societe Generale Corporate & Investment Banking and offers asset managers the following benefits:
- A competitively-priced alternative to using a UCITS platform;
Societe Generale Securities Services is the world’s 6th largest global custodian, with 3,365 billion euros of assets under custody and 448 billion euros of assets under administration, with 4,481 funds under administration, over 2,000 of which are UCITs funds.
Societe Generale Corporate & Investment Banking holds on average 5% market share by equity turnover in New York, London, Tokyo, Frankfurt and Hong Kong. The Bank achieved top rankings in Thomson Reuters Extel Europe 2010 Survey for Global Strategy Firm, Multi Asset Research Firm and Quant Research categories. Corporate website: www.societegenerale.com