Fund Administration

Mandate covers fund depositary, global custody and fund administration services as Pictet Asset Management enters Europe’s active ETF market. 

AI-driven quantitative manager taps SS&C GlobeOp for fund accounting and investor services as it scales trading operations across Asia. 

Expanded global mandate will see the asset management firm receive custody, depositary, fund accounting and transfer agency services for new fund.

Growth in assets under custody and administration (AUC/A), alongside new client mandates and expanded ETF servicing capabilities, helped drive a strong second quarter for Citi’s securities services business. 

New regulatory approval allows the custodian to provide fund administration services on the ground as Saudi Arabia's asset servicing market develops. 

Appointment follows market review as ETF provider selects Citi’s global servicing and local market capabilities. 

Fund secures €340 million at first close to target low-carbon infrastructure opportunities. 

Global custodian to provide asset servicing for new institutional advisory and portfolio management model. 

Citi’s latest report argues asset managers are shifting from vendor relationships towards strategic partnerships, as administrators take on a larger role in building the technology and operational foundations of the future. 

Market infrastructure provider says firms can expect to benefit from more consistent processing, greater scalability, cleaner transferability and increased data accuracy.