SGSS helps Financiere Arbevel transform funds as part of “FROG” initiative
A fast-growing independent asset management company, Financiere Arbevel plans to fully benefit from the new dynamic launched by the Paris financial centre to grow its international distribution capacity.
With support from Societe Generale Securities Services (SGSS), which recently won the mandate,
Financière Arbevel has recently converted eight of its common funds into a French SICAV, thus being
among the first French investment firms to apply measures implemented by the FROG1 working group.
As a SICAV1, it specifically benefits from a solid framework to protect investor interests through a
dedicated governance charter. A benchmark of quality among foreign investors, this governance is
managed by the presence of an independent director on its board of directors.
Another advantage of the transformation is that the funds’ performance track record is maintained since
their launch as well as their ISIN codes, which remain unchanged.
This support from SGSS was achieved in the framework of the winning mandate for a wide range of
post-trade services. Societe Generale provides Financière Arbevel in France the following services:
depositary, accounting and valuation administrator, registrar, administration, monitoring of statutory
ratios, KID, PRIIPS, AIFM3, Solvency II reporting as well as securities lending, foreign exchange and
clearing of products impacted by the EMIR4 regulation.
1 SICAV : Sociétés d'Investissement à Capital Variable