Fineco appoints SGSS for ELTIF servicing

As Fineco Asset Management expands its product suite to offer alternative investment funds, it has appointed SGSS to provide fund administration, depositary and transfer agency services for its first private equity fund, domiciled in Ireland, as well as local transfer agency services in Italy. This new investment solution will be directed towards FinecoBank clients in Italy and will be available through a new Irish ELTIF.

Fineco Asset Management is the investment management arm of FinecoBank, one of Italy’s leading financial institutions. Headquartered in Dublin, Ireland, FAM was established to support the bank’s growing wealth management business and to offer tailored investment solutions to its clients. FAM manages over >EUR40bn (USD47bn) in assets.

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