Acolin Fund Services strengthens cooperation with Hugo Fund Services
From January 2017 two representatives of foreign collective investment schemes – Acolin Fund Services (Zurich) and Hugo Fund Services (Geneva) – will cooperate more closely in advising asset managers on cross-border fund distribution.
While Hugo Fund Services has focused on alternative investment providers since it was founded in 2014, Acolin Fund Services gives particular support to mutual fund providers, in addition to its work in fund registration and representation, including sales support.
Since it is increasingly difficult to access investors in the context of cross-border distribution of investment funds due to increasing regulation (MiFID II and FIDLEG), the two companies have decided to combine their expertise and work together to establish new services focused on registering and representing foreign funds in Europe, as well as on marketing, fund raising and distribution advisory.
In a joint statement, Daniel Häfele (pictured), CEO of Acolin and Yves Hervieu-Causse, CEO of Hugo, say: “Combining the expertise and extensive experience of the two companies will offer unique added value to international asset managers, thereby increasing both companies’ offerings in a sustainable manner.”