Citigroup Global Transaction Services has been selected by Vontobel Asset Management, Inc. to provide operations service support for its retail separate accounts. Citigroup began offering a platform for separately managed accounts in early December of 2004.
“We believe Citigroup will continue to deliver a best-in-class operations model to allow us, both now and in the future, to profitably and efficiently expand in the SMA marketplace,” said Fredy Nyffeler, Chief Financial Officer of Vontobel Asset Management.