(Boursier.com) — CACEIS, a leading European asset servicing provider, announces a partnership with Investlinx Investment Management to provide depositary, custody, fund administration and execution services for Investlinx ICAV, a recently launched Irish UCITS ETF.
CACEIS in Ireland aims to extend the geographic coverage of its service offering to ETFs. Administering more than 100 billion euros of ETFs domiciled in Europe, CACEIS has developed a range of solutions dedicated to the specific needs of ETF promoters.
In addition to the core business services offered by CACEIS, Investlinx ICAV will benefit from CACEIS’ services and tools dedicated to ETFs, including TEEPI ETF, the order placement platform for authorized participants (AP). ETF solutions are based on automated systems generating integrated flows, from order placement to settlement-delivery. The other component of the offer is based on the production of Portfolio Composition File (PCF) carried out in partnership with ULTUMUS.
“Follow-the-sun”
The combination of CACEIS’ asset servicing services, ETF-specific tools and the “follow-the-sun” system enables the calculation and sending of net asset values and PCFs to Investlinx before the markets open, and thus meet the needs expressed by Investlinx during the co-design phase of the CACEIS operating model.
Matteo Solfanelli, CEO of Investlinx Investment Management Ltd, said: “Investlinx is the first company in Europe to offer actively managed ETFs invested directly in stocks and bonds without reference to an index. This innovative initiative allows investors to benefit the benefits of diversified active management while taking advantage of the reduced costs associated with ETFs We have determined, after a long selection process, that CACEIS has the technical expertise and customer vision necessary to launch and market our specific ETFs. Investlinx, as well as our investors, have everything to gain from this partnership with CACEIS.”
Paddy Walsh, Head of Regional Coverage for Ireland, UK and North America, adds: “We are delighted to support Investlinx Investment Management and its new range of Irish UCITS ETFs. Our respective teams have worked in close collaboration for several months to design this tailor-made solution. Its rapid implementation reinforces our position as a major player in the ETF market and highlights our skills in this area. We wish Investlinx many successes in the commercialization of its new funds and we are delighted to contribute to the development of its activity”.
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