Wikborg Rein has assisted the launch of a new gold securities product
We are proud to announce that we have assisted Svelland Capital (UK) Ltd and Edmond de Rothschild Group with the establishment and launch of EdR Certified Origin Physical Gold Public Limited Company, aimed at issuing gold securities.
These gold securities (being collateralised by physical gold) provide investors access to the physical gold market through a tradable financial instrument, while incorporating a full supply chain traceability approach from mines to safes. The gold securities are structured as exchange traded certificates, available in multiple currency tranches and with different redemption options. The physical gold which is linked to the tradable securities is stored at Edmond de Rothschild’s Geneva headquarters in the high security vaults of the former Swiss National Bank.
"The launch of this new Gold investment strategy with certified origin thanks to a detailed traceability investment approach is a continuation of the Group's long history in gold dating back to the 1800s", says Christophe Caspar, Global CEO of Edmond de Rothschild Asset Management, and adds that "The new strategy is another innovative idea adapted to the current context".
The Wikborg Rein core team comprised of Karoline Angell, Christine Strøm, Erik Leganger, Karoline Ulleland Hoel, Are Zachariassen and Snorre Nordmo.