SGSS in German fund admin win
Societe Generale Securities Services (SGSS) GmbH in Germany has been selected to provide fund administration services for two pension funds of Baloise Asset Management.
The two funds are composed of 11 sub-funds, and represent a total of €2.58 billion in assets under management.
SGSS GmBH will provide fund administration services including performance measurement, performance attribution and risk analysis, as well as regulatory reporting services, using a web-based solution.
Outsourcing fund administration is intended to help Baloise Asset Management provide a wider range of bespoke solutions, which can be tailored, to individual clients.
