Citi is extending its relationship with Janus Global Capital Group to include a suite of global custody and trustee services for its Dublin-registered funds.
The bank already provides Janus with fund administration, accounting, and transfer agency services.
Janus identified Citi’s recently-launched Network 3.0 suite of investor service solutions as a reason for the extended mandate.
“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, executive vice president and global head of technology and operations at 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."
Chandresh Iyer, managing director for investor services in the securities and fund services business at Citi, added: “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."
"Leading firms like Janus recognise 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."
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