CACEIS, a leading European asset servicing group, is appointed by Syz Asset Management, part of Swiss family-owned Syz Group, to provide custody, fund administration, and transfer agency services. The mandate covers all of Syz Asset Management’s funds totalling over CHF 3 billion.
Syz Asset Management, which specialises in bond and money-market instruments for Swiss institutional investors, chose to partner with CACEIS based on the group’s ability to offer bespoke solutions and high-quality support.
Frédéric Lenoir, Chief Operating Officer of Syz Asset Management, stated: "What convinced us was CACEIS's ability to fully understand our challenges and the offer of strong operational capabilities that align perfectly with the complex needs of our expert clientele who demand the highest professional standards.”
Philippe Bens, Head of commercial coverage Switzerland at CACEIS, added: "This partnership demonstrates our commitment to providing top-level support for our clients. We are delighted by the decision and look forward to servicing their investors and supporting Syz Asset Management’s growth."
