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Custody news

Global X ETFs Australia appoints Citi as custodian


23 June 2026 Australia
Reporter: Zarah Choudhary

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Image: leelakajonkij/stock.adobe.com
Global X ETFs Australia has selected Citi as the new custodian and fund administrator for its Australian exchange traded fund (ETF) business, following a comprehensive market review process.

Citi’s appointment forms part of Global X's ongoing commitment to strengthening its operating model, enhancing service delivery, and supporting the continued growth of its ETF platform, says the firm.

Global X selected Citi for its global expertise in ETF servicing, custody, and fund administration, together with its established local capabilities and global custody network.

Alex Zaika, CEO at Global X Australia, says: “Citi's global platform, combined with its local expertise, positions us well to support the next phase of our growth while maintaining the highest standards of service our investors expect.

“Global X has a leading position in thematic ETFs with ambitious growth plans across fixed income and core exposures. As we continue to expand our product offering, Citi's technology, global reach and ETF servicing capabilities will help scale our operational foundation and support future innovation for investors.”

Mark England, Citi Australia and New Zealand co-head of services, adds: “We are thrilled to partner with Global X ETFs to provide custody, fund administration, ETF, and middle office services, leveraging our leadership in ETF servicing and the continued investment in our platforms.

“This is a first-of-its-kind collaboration that delivers complete front-to-back middle office support. Our global connectivity, deep market expertise, and proprietary platforms position us strongly to support Global X as it scales across fixed income, thematic and core exposures.”
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