Growth in assets under custody and administration (AUC/A), alongside new client mandates and expanded ETF servicing capabilities, helped drive a strong second quarter for Citi’s securities services business.
New regulatory approval allows the custodian to provide fund administration services on the ground as Saudi Arabia's asset servicing market develops.
Appointment follows market review as ETF provider selects Citi’s global servicing and local market capabilities.
Fund secures €340 million at first close to target low-carbon infrastructure opportunities.
Global custodian to provide asset servicing for new institutional advisory and portfolio management model.
Citi’s latest report argues asset managers are shifting from vendor relationships towards strategic partnerships, as administrators take on a larger role in building the technology and operational foundations of the future.
Market infrastructure provider says firms can expect to benefit from more consistent processing, greater scalability, cleaner transferability and increased data accuracy.
Global Custodian sits down with Mark Austin, pensions and insurance sector lead EMEA at Northern Trust, to discuss how the asset owner segment is navigating the rapid growth of private markets.
Apex Group’s chief executive Peter Hughes has presided over a period of tremendous growth for the organisation. Here, he considers the transformational impact of technology and how the firm’s buy/build approach has laid the foundations for future success in private markets and beyond.
Agreement extends decade-long partnership as the asset manager seeks to evolve its mutual fund operations.