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SGSS selected by CoreShares for custody services

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CoreShares, a passive investment management business in South Africa, has retained Societe Generale Securities Services (SGSS) to provide custody services for two of its ETF funds launched in Mauritius.

SGSS is to provide global custody services including position-keeping of assets in a number of jurisdictions including Mauritius.

CoreShares is a manager of a collective investment scheme in securities that specialises in index tracking investment solutions across Exchange Traded Funds (ETFs). Located in Johannesburg, CoreShares is a business within the Grindrod Financial Services Group, a specialist South African Bank and Asset Management Firm.

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