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SGSS and Oddo Services mandated by Convictions Asset Management

SGSS and Oddo Services have been mandated by Convictions Asset Management to provide custody account-keeping services for the launch of its new discretionary management activity.

Societe Generale Securities Services (SGSS) and Oddo Services have been mandated by Convictions Asset Management to provide custody account-keeping services for the launch of its new discretionary management activity.

This mandate was attributed following a request for proposal thanks to the range of services developed in partnership by SGSS and Oddo Services. The two companies actually signed a sales agreement for the development of a joint securities services offer for mid-sized asset management players in France.

SGSS will provide global custody services including securities subscription services, regardless of funds location and taxation. Oddo Services will provide account-keeping services for private clients, notably portfolio reporting, supply account advisers with client monitoring tools.

Convictions Asset Management is a Paris-based independent management company regulated by the AMF. The company manages over 800 million euros on behalf of clients who are institutional investors, private banks, family offices, wealth management advisors and private clients.