Reyl & Cie to provide representation services for foreign investment funds

On the 12/15/20 at 7:42AM


Tuba Raqshan

The Fund Representation Solutions (FRS) arm of Reyl & Cie Asset Services received a licence extension from Swiss regulatory authority FINMA to offer representation services for foreign collective investment schemes to non-qualified investors.

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.