Citi wins $380 billion middle-office mandate from Aegon Asset Management
Expanded mandate adds full IBOR, trade management and performance services as Citi broadens its role on BlackRock’s Aladdin platform.
Expanded mandate adds full IBOR, trade management and performance services as Citi broadens its role on BlackRock’s Aladdin platform.
Renewed agreement covers back- and middle-office services for the pension fund's global equity and alternatives portfolios.
Collaboration, covering BlackRock’s US-domiciled iShares ETFs, is expected to enhance transparency across basket composition, order status and settlement.
As part of the arrangement, Jupiter has consolidated back-office services for its offshore jurisdictions with BNY and outsourced its middle-office operations.
The mandate covers investment operations outsourcing, collateral management and currency management for the Dutch sustainable fixed income manager.
As part of the agreement, the custodian’s services will be integrated into BlackRock’s Aladdin platform.