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FundRock, a leading European third-party UCITS Management Company ("ManCo") and Alternative Investment Fund Manager ("AIFM"), today announces the launch of a new operation in Luxembourg that will provide fund distribution solutions to non-EU asset managers. It is one of the first examples of a super ManCo expanding to distribution services.
Asset managers, for which FundRock or its affiliates act as ManCo/AIFM, will be able to access FundRock's fund distribution solutions through the recently established FundRock Distribution S.A. ("FundRock Distribution"), which has received authorisation as an investment firm from the Commission de Surveillance du Secteur Financier ("CSSF") in Luxembourg.
FundRock Distribution's services will support asset managers...
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