SGSS obtains further mandate
Societe Generale Securities Services (SGSS) in Ireland has been mandated by Ocean Dial Asset Management Limited to provide custody and trustee services to its Irish Ucits fund.
Ocean Dial Asset Management selected SGSS Ireland for its recognised Ucits expertise and experience, in particular its knowledge of the Indian market through its joint venture with the State Bank of India, SBI-SG Global Securities Services, Private Limited.
The joint venture will provide local sub-custody services to the Fund, which invests predominantly in Indian securities.
SGSS in Ireland provides a full range of administration, trustee and custody services to a well-established international client base of Ucits and non-Ucits mutual and alternative funds, either domiciled in Ireland or in other jurisdictions. Its offering also includes middle office services for OTC products, share class hedging, private equity and securities lending.
Ocean Dial Asset Management Limited was established in London in 2005 and is regulated by the Financial Conduct Authority. The firm specialises in investing in India.