PARIS, 03-Feb-2016 — /EuropaWire/ — The management company, Haas Gestion, has selected CACEIS as the global Asset Servicing partner for its first Luxembourg UCITS SICAV with multiple sub-funds, named “HAAS UCITS”, through which the ABSOLUTE ALL ROADS sub-fund was launched on 5th January.
CACEIS provides a wide range of services to Haas Gestion: custodian and depositary functions, fund administration, foreign exchange, transfer agent and domiciliary agent services for the SICAV, as well as listed derivative execution and clearing services.
Managed by Charles Ecalle, ABSOLUTE ALL ROADS is an investment solution that offers a high degree of liquidity and transparency, and mainly invests in futures contracts. Its aim is to deliver strong and relatively reliable, risk-adjusted performance, independently of the movement of traditional markets.
Vincent Dubois, CEO of Haas Gestion, said: “The launch of this SICAV is a major strategic step for our company. We will now have a distribution platform that operates on an international level and be able to offer an absolute performance solution that is liquid and ideally positioned, in light of the current environment, to respond to the needs of investors, especially institutional investors. CACEIS’s expertise in fund distribution will be extremely valuable to us in launching our first Luxembourg UCITS SICAV.”
Joseph Saliba, Deputy Chief Executive Officer in charge of business development at CACEIS, added: “CACEIS has developed a comprehensive range of services for managers of funds falling under the scope of the UCITS and AIFM directives. Haas Gestion can count on CACEIS, a major player both in France and Luxembourg, to help realise its growth strategy.
CACEIS is the asset servicing banking group of Crédit Agricole dedicated to institutional and corporate clients. Through offices across Europe, North America and Asia, CACEIS offers a broad range of services covering execution, clearing, depositary and custody, fund administration, middle office outsourcing, forex, securities lending, fund distribution support and issuer services. With assets under custody of €2.3 trillion and assets under administration of €1.5 trillion, CACEIS is a European leader in asset servicing and one of the major players worldwide (figures as of 31 December 2015).
About Haas Gestion
Established in 1976, Haas Gestion is a dynamic, innovative and independent management company that offers its clients a range of structured products and asset management services. Its longstanding experience in financial markets has allowed it to develop its proven expertise in two key areas: value creation and risk management.
SOURCE: Crédit Agricole
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