3 September 2018 - Link Fund Solutions (Luxembourg) S.A. has been granted a license to act as UCITS Management Company and Authorised Alternative Investment Fund Manager by the Commission de Surveillance du Secteur Financier (CSSF).
Part of Link Asset Services, the Link Fund Solutions third-party “Super ManCo” will provide its services to fund initiators from around the globe, offering its clients state-of-the-art risk management as well as a comprehensive oversight and governance framework with solid local substance.
The move underlines Australian-owned Link Groups’ growth strategy of targeting key European markets. With existing Luxemburg capabilities, the firm continues to build on its significant expertise in the UK and Ireland, Australia, and the Far East.
Chris Addenbrooke, CEO of Link Group’s Fund Solutions division in Europe, said:
“This strategic move is the result of a long-term vision initiated in the UK and Ireland which led us to becoming one of the largest third-party independent Authorised Fund Manager / ManCo in Europe. Luxembourg is a key jurisdiction for our clients’ cross-border funds and enhancing our proposition in the region is a natural step for us. Being independent and 100% focused on third-party clients is a key strength. We are confident our value proposition will enable us to achieve our ambitious growth plans for the region.”
Jean-Luc Neyens, Managing Director of Link Fund Solutions (Luxembourg) S.A., added:
“With increased regulatory and substance requirements, fund initiators and portfolio managers want to re-focus on performance, distribution and client servicing. Leveraging on a third-party UCITS ManCo / AIFM gives them this opportunity. And as part of an international group with extensive experience and proven track-record in various jurisdictions, Link is a hugely attractive partner. We look forward supporting the growth of investment firms on a global basis, providing them with strong risk management, governance and oversight to enable them to deliver the best possible service to their clients.”
Link Fund Solutions offers industry-leading services to traditional and alternative funds in the UK, Ireland and Luxembourg. It is one of Europe’s largest independent Authorised Fund Manager and Third-Party ManCo with EUR 75bn of funds under management as at 30 June 2018.