Franklin Templeton Strategic Allocation Funds has selected Societe Generale Securities Services in Italy (SGSS) as its Italian paying agent.
Franklin Templeton Strategic Allocation Funds are a range of Luxembourg-registered Sicav funds distributed in Italy by Franklin Templeton Investments.
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SGSS offers a complete range of securities services, including settlement, custody and trustee services, fund administration, liquidity management and transfer agent services in Italy.
SGSS said: "One of the first securities industry players to adopt the new international ISO 20022 standard in Italy, SGSS’s state-of-the-art technology platform guarantees the secure migration of portfolios, continuous distribution monitoring and automated trade flow."
Franklin Templeton Investments, with US$870 billion of assets under management, offers investment solutions and services to clients in over 150 countries.
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