Citi has been appointed by Mackenzie Investments in Singapore to provide fund administration, middle office, collateral management and transfer agent services in support of its portfolio advisory and fund management activities in Asia.
“As this is our first foray into direct portfolio advisory activities in Asia, outsourcing our middle office to Citi is a clear choice as Citi has a robust fund services platform in place, which can fully support our credit and macro investment strategy,” said Venkat Kannan, chief administrative officer, Mackenzie Singapore.
Mackenzie Singapore will leverage Citi’s recently launched OpenAi SM platform, which is built on an integrated data management model. OpenAi SM connects clients’ trading platforms to Citi’s processing systems, third-party providers, prime brokers and market data sources, and gives them direct access to operational workflow throughout the service life cycle.
Mackenzie Investments Mandates Citi in Singapore
Citi has been appointed by Mackenzie Investments in Singapore to provide fund administration, middle office, collateral management and transfer agent services in support of its portfolio advisory and fund management activities in Asia.
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