Societe Generale Securities Services (SGSS) has launched a fund distribution hub in Luxembourg.

The hub has been set up to help asset managers that want to distribute Ucits and alternative investment funds internationally. Through the hub, asset managers will be able to access a local and cross-border network across Europe and Asia by using a single fund distribution interface.

The team manning SGSS’ new distribution can help support fund distribution in 14 countries. They will provide expertise and are able to manage the fund registration process with local regulatory authorities on behalf of asset management firms.

The local representative agent offering includes five services: market access, fund registration management, administrative and legal support, investor inquiry monitoring and local market intelligence. 

SGSS is responsible for coordinating the various local representative agents and provides a consolidated overview of fund activity to facilitate fund distribution. The firm says that asset managers will gain operational efficiency through using the service, allowing managers to focus on their core activities.