France-based global asset servicing provider Caceis has been awarded the task of account keeping, custody and depository services for the entire fund range of French boutique Advenis Investment Managers, formerly Avenir Finance Investment Managers.
The mandate covers execution and clearing services for listed derivatives and cash equities.
Joseph Saliba, deputy chief executive officer (CEO) in charge of business development at Caceis, says that being a long-term partner for clients lies at the heart of his firm’s strategy. He believes the ongoing improvement of the firm’s service quality and range of execution and clearing services has contributed to successes such as this mandate.
Saliba also recently told Funds Europe that his firm has a multi-faceted strategy, including being “a one-stop-shop from asset execution to distribution”.
Thibault Delahaye, CEO of Advenis Investment Managers, says that his firm needs to be able to count on a depositary with full control over fine-tuned operational processes for all asset classes.
“Caceis has administered our funds for several years, and its experience on European markets together with its dedication to supporting our growth were key to our decision on this mandate,” he adds.
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