CACEIS has completed the first of three fund migration waves for CANDRIAM, the French asset manager. This operation took place while all teams were working remotely. The migration involved 26 Luxembourg sub-funds accounting for some EUR10bn in assets. The operation involved a range of services, including depositary, custody, fund administration, transfer agency, fund distribution, securities…
Category: CACEIS
CACEIS completes remote migration of Popular funds in Spain
CACEIS in Spain has remotely migrated the Popular Asset Management and Popular Pensiones portfolios. Popular Asset Management and Popular Pensiones, two companies merging with Santander Asset Management and Santander Pensiones, switched to CACEIS as their depositary bank in Spain. With all staff working remotely, 107 funds were migrated to CACEIS, (59 investment funds and 48…
CACEIS and Amundi joins forces for front-to-back solution
CACEIS has partnered with Amundi, the French asset manager, to offer a front-to-back outsourcing solution for asset owners and managers. This brings together Amundi Services’ ALTO portfolio management platform with CACEIS’ middle office and back office services. Both CACEIS and Amundi are owned by Crédit Agricole.
CANDRIAM to move from RBC to CACEIS
CACEIS has finally confirmed that CANDRIAM, the French asset manager, will migrate asset servicing activities (custody, fund administration, transfer agency) for its Luxembourg and French funds from RBC I&TS to CACEIS. The migration will start at the end of March 2020, following approval by the competent regulatory authorities. It will take place in three waves…
CACEIS to provide depositary services to Fondazione ENPAIA in Italy
CACEIS, the asset servicing banking group of Crédit Agricole, has been appointed to provide depositary bank and related services by Fondazione ENPAIA, the National Social Security Institute for Agriculture Industry Workers in Italy. ENPAIA has over 38,000 subscribers and more than EUR1.5bn in assets under management.