SGSS in Italy secures Fondenergia mandate
Societe Generale Securities Services (SGSS) in Italy has been appointed by the Italian energy pension fund Fondenergia to act as its depositary bank.
SGSS provides European pension funds with a service built around asset protection, performance and reporting.
Through this mandate, Fondenergia benefits from custody and depositary bank services for fund monitoring and trustee services to ensure that all the controls required by the Italian regulator are met for full compliance in order to reach its investment goals.
SGSS in Italy offers a complete range of securities services, including settlement, custody and trustee services, fund administration, middle-office services, risk and performance, liquidity management and transfer agent services.
Fondenergia is a contractual pension fund for employees in the Italian energy industry.
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