FundRock launches EU distribution service

FundRock has launched a fund distribution solutions operation in Luxembourg to service non-EU asset managers.

Fund managers can access FundRock’s distribution solutions through FundRock Distribution, which has received authorisation as an investment firm from the Commission de Surveillance du Secteur Financier (CSSF).

FundRock distribution’s services aim to support asset managers from the US, UK, Asia and other third country jurisdictions distributing funds across the EU.

Led by managing director Arnaud Gérard, CFA, the new initiative launches with a client base from Switzerland, the UK and the US.

“FundRock’s dual role as a super ManCo and a MiFID approved investment adviser/distributor, means that it is now strategically placed to represent asset managers through its deep understanding of clients’ investment strategies and portfolios,” said Gérard. “We are pleased to have received regulatory authorisation from the CSSF, demonstrating our ongoing commitment to helping our clients meet the highest regulatory standards.”