Janus Capital Extends Mandate With Citi

Citi has been appointed by Janus Global Capital Group to provide global custody and trustee services for its Dublin-registered funds.

This new mandate extends Citi’s existing relationship with Janus for which Citi provides fund administration, accounting, and transfer agency services.

Janus will use Citi’s recently-launched Network 3.0 suite of investor service solutions in order to expand their business by leveraging its global network.

“We chose to broaden our relationship with Citi because we are seeking to expand the investment opportunities for our UCITs fund into new markets,” said George Batejan, EVP, global head of Technology and Operations, Janus. “We are impressed with the insights and efficiencies gained through Citi’s Network 3.0 and believe it will aid us in effectively implementing strategies in the markets that afford us the most potential.”

“Network 3.0 leverages Citi’s global network by providing a connected gateway offering increased efficiency and information that enables local access on a global basis,” said Chandresh Iyer, managing director, Investor Services, Securities and Fund Services at Citi. “Leading firms like Janus recognize the value of Citi’s global network and integrated solutions to unlock their investment potential and generate growth. We look forward to providing Janus with a top-tier, end-to-end fund administration and custody services solution.”