The domestic link will provide institutional investors with access to the local market through a unique omnibus account structure, supporting Kenyan government bonds, and treasury bills.
Global X says it selected Citi for its global expertise in ETF servicing, custody, and fund administration, together with its established local capabilities and global custody network
The firm has added CREST Depositary Interest service to its custody and transfer platform to provide more streamlined access to London’s capital base for overseas issuers
The group will provide fund administration and depositary services for non-financial instruments through Apex Fund Services Luxembourg and bank account services through European Depository Bank
Apex Group will also provide fund administration and transfer agency services to the Tatton funds and Citi has been appointed as depository and custodian to the fund ranges, completing the institutional servicing model
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