John Hancock Group of Funds Selects Citi to Provide Fund Accounting, Global Custody for $29.1 Billion of Assets
03 August 2015 - 11:00PM
Business Wire
Citi has been awarded a mandate from John Hancock Group of Funds
to provide global custody and fund accounting services to support
27 International/Global US registered Mutual Funds, with assets of
$29.1 billion.
With over 60 proprietary branches and agent banks covering 106
markets, Citi is a leading provider of global custody services,
combining local market expertise and a common global platform to
deliver consistent, scalable and flexible solutions that support
its clients’ most complex custody needs.
“This mandate is a testament to the talent of our global funds
teams and the reach of our enhanced global custody platform,” said
Patrick Curtin, Global Head of Sales and Client Management for
Global Custody, Fund Services, and Agency Lending, Citi. As John
Hancock’s ambitions spread globally and its needs become more
complex, we are looking forward to delivering the advantage of our
full spectrum of services to support their evolving needs.”
About Citi
Citi, the leading global bank, has approximately 200 million
customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments
and institutions with a broad range of financial products and
services, including consumer banking and credit, corporate and
investment banking, securities brokerage, transaction services, and
wealth management.
Additional information may be found at www.citigroup.com |
Twitter: @Citi | YouTube: www.youtube.com/citi | Blog:
http://blog.citigroup.com | Facebook: www.facebook.com/citi |
LinkedIn: www.linkedin.com/company/citi
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version on businesswire.com: http://www.businesswire.com/news/home/20150803005213/en/
Media:CitiNew YorkNina Das, +1
212-816-9267nina.das@citi.com
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