CACEIS has been appointed by the Advenis Investment Managers management company (the entity previously known as Avenir Finance Investment Managers) to provide account-keeping/custody and depositary services for its entire fund range. CACEIS will provide execution and clearing services for listed derivatives and cash equities.
Advenis CEO Thibault Delahaye said: “We need to be able to count on a depositary with full control over fine-tuned operational processes for all asset classes. CACEIS has administered our funds for several years, and its experience on European markets together with its dedication to supporting our growth were key to our decision on this mandate.”
Joseph Saliba, CACEIS deputy CEO in charge of business development, added: “Being a long-term partner for our clients lies at the very heart of our strategy. The ongoing improvement of our service quality and our ever-broader range of execution and clearing services have contributed to this success.”