Informe_Anual_Cecabank

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Page. 43 Cecabank 2015 Annual Report
Securities Services
Depositary services
Depositary services for investment funds (funds and
SICAVs) and pension funds (individual, associate and
employment schemes).
Theservicehas theAENOR-UNE-ENISO9001, certification
for quality management, which was renewed in 2015.
Activity during the year
In financial year 2015, total assets under custody at
Cecabank increased to reach 89,477 million euros, as a
result of both the increase in assets from investment and
pension funds previously deposited, and the addition of
new managers as clients of our depositary services
Assets under custody in excess of
89,479 million euros
Divided between
1,135 investment and pension funds
Managed by
25 companies
Cecabank is the leading independent
Spanish depositary for investment and
pension funds.
Main figures
December 2015
May 2015
As a result of Caixabank’s acquisition of Barclays
mentioned above, 62 SICAVs, with assets amounting
to 492 million euros managed by Barclays Wealth
Management, were also deposited at Cecabank.
September 2015
A total of 97 investment funds and 4 SICAVs, with
assets amounting to 5,507 million euros managed
by Unigest and Unicorp Patrimonio, were transferred
from the Unicaja group.
December 2015
Cecabank was appointed the depositary for the
investment and pension funds and EPSV previously
deposited at Abanca. The 11 investment funds have
total assets of 1,088 million euros and are managed
by Imantia Capital. The 33 pension funds and the
EPSV (1,412 million euros in assets) are managed by
three different entities. Two of them joined Cecabank
as new clients: Abanca Vida y Pensiones and Abanca
II Vida y Pensiones
February 2015
A total of eighty pension funds, with total assets of
2,130 million euros, managed by three managers-
Unicorp Vida, Caja España Vida and Duero Pensiones,
were transferred from the Unicaja group.
March 2015
After the bail-out of Banco Madrid Gestión, the
Spanish stock exchange commission, CNMV,
designated Cecabank as the provisional depositary
for the investment funds which were deposited at
Banco Madrid at the time and initially managed by
BancoMadrid Gestión de Activos (BMGA) and then by
Renta4 Gestión. The transfer of these funds implied
the addition of 21 investment funds (880 million
euros), 14 SICAVs and 1 SIL (479 million euros).
As of 31December 2015, assets from funds amounted
to 186.6 million euros. Moreover, 32 investment
funds, with assets amounting to 2,537 million euros
managed by Barclays Wealth Management, after
Caixabank acquired Barclays, were added.
April 2015
The 27 pension funds and an EPSV, with total assets
amounting to 1,062 million euros, managed by CNP
Barclays, were added.
ER-0138/2005
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03 Our Business Model