Management company Haas Gestion has chosen CACEIS as global asset servicing partner for its first Luxembourg UCITS variable capital, or SICAV, fund titled Haas UCITS.
The mandate also covers multiple sub-funds, including the Absolute All Roads sub-fund, which was launched on 5 January.
This sub-fund is an investment solution offering high levels of liquidity and transparency, primarily investing in futures contracts. It aims to deliver reliable risk-adjusted performance, independent of the movement in traditional markets.
CACEIS will provide custodian and depository functions, fund administration, foreign exchange, transfer agency and domiciliary agent services, plus a range of listed derivative execution and clearing services.
CEO of Haas Gestion Vincent Dubois said: “The launch of this SICAV is a major strategic step for our company.”
“We will now have a distribution platform that operates on an international level and will be able to offer an absolute performance solution that is liquid and ideally positioned, in light of the current environment, to respond to the needs of investors, especially institutional investors.”
Joseph Saliba, deputy CEO in charge of business development at CACEIS, said: “CACEIS has developed a comprehensive range of services for managers of funds falling under the scope of the UCITS and alternative investment fund manager directives. Haas Gestion can count on CACEIS, a major player both in France and Luxembourg, to help realise its growth strategy.”
