OREANDA-NEWS. December 28, 2011. Societe Generale Securities Services Russia (ROSBANK) has been appointed by Fleming Family & Partners Asset Management to act as Custodian (Depositary) and Investment Funds Trustee (Specialized Depositary).

SGSS Russia will provide custody, fund trustee and transfer-agent services for the full range of local open-ended and closed-ended funds managed by FF&P AM in Russia.

This new mandate is a result of the long standing commitment of SGSS to the Russian securities industry, where it has developed strong expertise in local clearing, custody and fund services for international corporates, financial institutions and institutional investors. SGSS is today the largest international fund services provider in Russia.

Fleming Family & Partners’ heritage is the investment business of Robert Fleming which was founded in 1873. Fleming Family & Partners (FF&P) is an independent, privately-owned investment house with offices located in London, Zurich, Liechtenstein and Moscow. Fleming Family & Partners was founded in August 2000 following the sale of Robert Fleming & Co in which the family was the largest shareholder. The Fleming family has had operations in Russia since 1992.