Reyl & Cie to provide representation services for foreign investment funds
The authorisation, subject to special reporting requirements, will allow Reyl & Cie to offer combined representation and paying agent services for all foreign funds targeting institutional, professional and private investors in Switzerland. This follows the recent announcement of strategic partnership between Reyl & Cie and Fideuram – Intesa Sanpaolo Private Banking that will entire into force in 2021. This partnership will make it possible to ensure investment, syndication, advisory services and access to a vast distribution network.
Asteria Investment Managers, whose specialised impact investment funds will be represented by Reyl & Cie, will be the first to benefit from this new business activity.