CACEIS has expanded its range of services for German securities funds to leverage its administration of different asset types.
As part of the expansion, CACEIS Germany has recruited staff with key industry experience.
This new service scope and related hirings will enable the German office to commence the administration of several German-domiciled securities funds.
CACEIS fund administration activities in Germany were initially launched in 2016 to provide a dedicated offer for real estate funds.
In 2018, CACEIS first broadened the scope of its fund administration services in Germany to cover all types of asset, including securities.
Andreas Pade, managing director of CACEIS’ fund administration business in Germany, said: "Our clients in Germany now have a significant advantage of working with a local team with strong experience in German securities funds administration. They benefit from being serviced by a leading European asset servicing group with a cutting-edge global fund accounting platform.”
