Credit Agricole's CACEIS Buys EFG's SIF Swiss Investment Funds
30 January 2012 - 8:45PM
Dow Jones News
CACEIS, a unit of French bank Credit Agricole SA (ACA.FR),
Monday said it takes over SIF Swiss Investment Funds SA, a unit of
EFG International (EFGN.EB).
MAIN FACTS:
- Companies didn't disclose the financial details of the
transaction.
- SIF is one of the six main manager of funds on behalf of third
persons in French-speaking Switzerland. The agreement covers about
20 funds, which handle about CHF800 million in assets.
- By Paris Bureau, Dow Jones Newswires; +331-4017-1740;
inti.landauro@dowjones.com
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