Asset Servicing

What we do

Manager on-boarding

We have been running and managing a state-of-the-art Luxembourg UCITS IV SICAV since the mid-1990s, for both Banque Heritage's internal funds and external managers.

With the high costs associated with setting up such vehicles from scratch, many managers with proven track records under different jurisdictions are looking for a simple, plug-and-play solution to further develop their asset management and distribution efforts.

Should your strategy and firm qualify in our due diligence process, we can swiftly create additional compartments to our SICAV and allow you to focus on your main strength : portfolio management.

Paying agent

In March 2013 the Swiss Financial Market Supervisory Authority (“FINMA”) revised the Swiss Collective Investment Scheme Act of 26 June 2006 (“CISA”) and the Ordinance on Collective Investment Schemes of 22 November 2006 (“CISO”) applying two major changes:

Distinguishing between “Ordinary” and “Qualified” investors (previously ”Retail” & “Professional”)

Replacing the concept of “public offering” with the more broadly defined term of “distribution” whilst narrowing to the extreme the concept of reverse solicitation.

These changes require any foreign fund willing to market itself to Swiss qualified investors to appoint a FINMA regulated institution as paying agent in order to receive subscription monies from a Swiss investor or to pay redemption proceeds to a Swiss investor. With over 500 funds relying on Banque Heritage as their paying agent, we have confirmed our strong footing as a partner to many investment funds.

Other Services

As part of our asset services, we also provide :

Global custody

Transactional services

E-services

Credit facilities

Lombard loans

Family office services