Old Mutual Capital (Old Mutual), Inc, an international firm based in Denver, appoints Citi as administration service provider. Citi will deliver full range of fund support services to new Irish domiciled UCITS fund of Old Mutual.
Citi’s Global Transaction Services offers integrated cash management, trade, securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. Its provision for Old Mutual covers accounting, administration, transfer agency, custody, trustee, compliance, cash management and FX services for UCITS fund.
Old Mutual is an extremely well established and respected firm and we are delighted to be part of this significant partnership, says Andrew Gelb, managing director and regional head of the EMEA Securities and Funds Services, Citi. They will gain access to the full suite of Citi’s industry leading solutions across the entire transaction services spectrum. We look forward to their continued growth and expansion through this exciting new collaboration.
We selected Citi for its global operations platform and established regional presence as the servicing arm for the new Irish domiciled UCITS Fund, says Julian Sluyters, CEO and President of Old Mutual Capital, investment manager to Old Mutual Global Funds plc. As we expand our global footprint and widen the scope of services, we look to Citi as a partner in growth and provider of innovative and efficient solutions.”
L.D.