Caceis dominates European depository market for real assets
For real estate funds Caceis is the custodian of choice in France and Germany and is expanding into Italy, Luxembourg and Switzerland
Caceis continues to dominate segments of the depository market in Europe, focusing particularly on Germany, and on real estate funds, having announced 17 mandate wins since the start of 2014, servicing at least €44 billion ($47.3 billion) for such clients. In 2013, it recorded a further seven wins, at least one worth €20 billion.
In the past quarter alone, the French custodian racked up five new clients, the largest announced being Frankfurt am Main-based IVG Institutional Funds, a real estate
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