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Dedicated funds or family funds

If your family wants to pool its wealth in order to manage it more efficiently we can set up a dedicated fund or a family fund, tailor-made according to your broader family.

Transparency and flexibility

The fund offers greater transparency. Its value is calculated by an external consultant hired by the bank, while local market regulatory authorities control its operations.

Its high degree of flexibility means it can be used to manage many asset classes, whether listed or not. The funds can be  segregated, which makes it possible to select several managers or management companies within a single fund, and thus meet the individual requirements of different family members. Shares in a fund can, in certain cases, be held by a securities account, a trust or even a life insurance contract.

Reap the benefits of our experience

Societe Generale Private Banking has the experience required and expert partners to establish your dedicated or family fund in Jersey, Luxembourg, Singapore or the Bahamas.

For the Information of UK investors

Funds or family funds established in offshore centres are unlikely to offer a level of investor protection equivalent to that available in the UK. Should a UK investment institution be declared in default, investment holdings of private individuals and small businesses are protected by the UK Financial Services Compensation Scheme (FSCS). The investment compensation limit is £50,000 per person per firm. Non UK investment businesses are not covered by the FSCS and separate compensation schemes may apply, which may be less than those provided by the UK FSCS and in some instances, no compensation scheme may apply.