{"id":54883,"date":"2016-07-27T00:56:21","date_gmt":"2016-07-26T22:56:21","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/mst-selects-caceis-as-depositary-for-two-closed-end-ship-funds\/"},"modified":"2016-07-27T00:56:21","modified_gmt":"2016-07-26T22:56:21","slug":"mst-selects-caceis-as-depositary-for-two-closed-end-ship-funds","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/mst-selects-caceis-as-depositary-for-two-closed-end-ship-funds\/","title":{"rendered":"MST selects CACEIS as depositary for two closed-end ship funds"},"content":{"rendered":"<p>CACEIS will be acting as depositary for the first two mutual ship funds under the German<br \/>\nKAGB investment act. The two closed-end funds, \u201cMS Marguerita\u201d and \u201cMS Tanja\u201d, will<br \/>\nboth be managed by \u201cMST AIFM Eins Fondsmanager GmbH\u201d, which is the investment<br \/>\nmanagement company of \u201cMST Mineralien Schiffahrt Spedition und Transport GmbH.\u201d<\/p>\n<p>Matthias M. Ruttmann, Managing Director of MST explained: <em>\u201cWe found CACEIS to be a<br \/>\nflexible service provider, keen to seek out solutions for new asset types: Our ships will be<br \/>\nthe first of this asset type to be structured in a German AIF. We have put our trust in<br \/>\nCACEIS`s experience in dealing with regulations and launching funds holding new asset<br \/>\ntypes, so will have a solid framework for the launch of the funds.\u201d<\/em><\/p>\n<p>Holger Sepp, Member of the Management Board at CACEIS in Germany added: <em>\u201cWhen<br \/>\nentering the closed-end funds industry, we clearly committed ourselves to delivering<br \/>\ndepository service to all major asset types. We are very proud that MST has put its faith in<br \/>\nCACEIS`s willingness and ability to service its ship AIFs. During the last couple of months,<br \/>\nwe have ensured we are fully prepared to handle all relevant requirements for the funds<br \/>\nsuch as the depository function and relevant legal aspects.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CACEIS will be acting as depositary for the first two mutual ship funds under the German<br \/>\nKAGB investment act. The two closed-end funds, \u201cMS Marguerita\u201d and \u201cMS Tanja\u201d, will<br \/>\nboth be managed by \u201cMST AIFM Eins Fondsmanager GmbH\u201d, which is the investment<br \/>\nmanagement company of \u201cMST Mineralien Schiffahrt Spedition und Transport GmbH.\u201d<\/p>\n","protected":false},"author":20,"featured_media":54881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1986,2007,1921],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/54883"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=54883"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/54883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/54881"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=54883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=54883"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=54883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}