On Monday 3 June 2024, Super Global Services SA announced that it is introducing a product that enables selected US funds in Europe to be invested as securities eligible for custody.
"The AMC is being launched under the stringent Luxembourg Securitisation Act and involves service providers in Switzerland and Germany. It will also be available to investors from the Arab region," explained Daniel Knoblach, Board member of Super Global Services SA, in the press release.
The strategy, which initially involves $100 million, targets institutional investors. "There is a significant demand to make a basket of US funds investable, tradeable and eligible for custody in this refined manner," said Mr Knoblach. "The Luxembourg legal framework for the securitisation of such strategies is proving to be optimal once again."
As Super Global Services SA reported, actively managed certificates (AMCs) are a "regulated, fast and cost-effective way to quickly respond to market conditions or enable desired investments". For investors from the Islamic world, additional criteria must be considered, which can be achieved "flexibly and transparently" within the securitisation framework, the firm added.
At its sites in Germany and Luxembourg, Super Global offers established investment vehicles with "innovative" solutions and "sustainable" product concepts. As an AIFM, Super Global DE combines tailor-made funds with services for portfolio management, risk management and administration. The Luxembourg-based company facilitates globally recognised and established securitisation solutions that are customisable and tailored to specific client requirements. Super Global provides set-up, regulatory structuring and ongoing administration.
