Japan's Securities and Exchange Surveillance Commission (SESC) issued a recommendation to the Prime Minister and the Japanese FSA Commissioner to bring administrative action against Nomura Securities...
One of Asia's largest asset management firms, Value Partners, has selected Citi to provide its first UCITS-compliant fund, the Absolute Greater China Classic Fund, with global custody, fund administration and fiduciary services...
Citi has been appointed by Huntington Asset Advisors to provide fund administration, custody and index receipt services for Huntington Strategy Shares ETFs...
The California Public Employees' Retirement System (CalPERS) has welcomed Bill Slaton to the pension fund's board of administration.
Slaton, a publicly elected director on the board of...
Daiwa Securities Group has sold its global asset services division to Sumitomo Mitsui Trust Bank (SMTB), after letting go of its synthetic prime brokerage arm in December...
A report has predicted Chinese mutual fund assets will triple by 2015 to reach over $1 trillion, and possibly doubling again by 2020, as policy changes are instituted to encourage the development of investment markets and internalization of the curre
Citi has renewed its agreement with Chou Associates Management and will continue to provide fund accounting, transfer agency, custody, and trust and securities lending services for the $600 million that it oversees in mutual fund assets...