As per the mandate, JP Morgan will provide services that include custody, fund accounting and transfer agency for Soderberg’s SICAV fund.
Soderberg & Partners head of asset management Carl-Adam Hogberg said, "We are confident that JP Morgan has the capabilities, experience and expertise to provide the support and innovation needed in today’s economic climate."
Soderberg is an advisor, distributor of insurance and financial products in Sweden and has funds domiciled in Luxembourg.
JP Morgan WSS is a securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue.
WSS, a division of JPMorgan Chase Bank, has $17.9 trillion in assets under custody and $7.3 trillion in assets under administration.
