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SGSS mandated by Baloise AM to provide master KVG services

Societe Generale Securities Services GmbH (SGSS GmbH) in Germany has been mandated by Baloise Asset Management to take over and provide master KVG services* for two of its pension funds: Basler Lebensversicherungs-AG, Hamburg and Basler Sachversicherungs-AG, Bad Homburg. The two funds are composed of 11 sub-funds and represent a cumulative total of approximately EUR 2.58 billion assets under management.


SGSS GmbH will provide standard fund administration services to meet statutory requirements, in addition to extensive investor reporting required by the pension funds, which includes performance measurement, performance attribution and risk analysis services. These web-based reporting services were developed by SGSS GmbH in 2014, in close cooperation with its clients, and recently enhanced with additional features.

By outsourcing its fund administration, Baloise Asset Management will benefit not only from SGSS GmbH’s track record in managing Spezialfonds, specific German investment fund structures for institutional investors, but also from its capacity to provide innovative and bespoke solutions to meet a growing need from clients for tailored services.

Baloise Asset Management is part of Baloise Group headquartered in Basel, Switzerland. Baloise Group is a European provider of insurance and pensions solutions. It positions itself as an insurer with an intelligent risk-prevention concept, "Safety World". In Switzerland, the Group operates as a specialised financial services provider offering a combination of insurance and banking services. The Group also has a market presence in Germany, Belgium and Luxembourg.

* Kapitalverwaltungsgesellschaft – KVG: A German regulated capital management company which primarily offers administrative services such as reporting, controlling, accounting, performance measurement and comparison, etc.

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