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13 May 2014
Paris
Reporter Stephen Durham

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Wells Fargo teams with SGSS Italy

Societe Generale Securities Services (SGSS) in Italy has been appointed by Wells Fargo Asset Management to act as its correspondent bank for the distribution of the Wells Fargo (Lux) Worldwide Fund, its Luxembourg-registered SICAV, for Italian retail investors.

SGSS was selected for its expertise as a correspondent bank and its capacity to accompany Wells Fargo Asset Management in developing its international offerings, specifically to facilitate the firm’s retail offering in Italy.

SGSS in Italy offers a complete range of securities services, including settlement, custody and trustee services, fund administration, middle-office services, risk and performance, liquidity management and transfer agent services.

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