Key Takeaways
- • Société Générale Securities Services (SGSS) has been selected as depositary for Swiss Life Asset Managers France's Italian real estate fund, according to Global Custodian.
- • The mandate strengthens SGSS's position in Italy's alternative investment fund segment, where the bank is positioning itself as a strategic partner for international asset managers.
- • The article was published November 12, 2026 and is authored by Chris Lemmon; the primary source text is limited to a headline, standfirst and publisher summary, with no disclosed fund size or fee terms.
Summary
The mandate is significant for SGSS's business in Italy. Global Custodian characterises the deal as strengthening the bank's position in Italy's alternative investment fund segment, a market in which SGSS is seeking to act as a strategic partner for international asset managers. Depositary services for alternative funds, including real estate vehicles, require the bank to provide independent oversight of fund assets and cash flows, a role that has grown in importance as regulators and investors demand stronger safekeeping arrangements.
The available source does not disclose the fund's size, strategy details, launch timing or the terms of the appointment. Readers seeking those figures should consult the full Global Custodian article or the fund's regulatory filings.
The announcement adds to SGSS's depositary franchise for international managers active in Italy and indicates continued demand from asset managers for local depositary capacity in the country's alternative fund market.
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