Boutique Australian equities fund manager, Hyperion Asset Management, has awarded a custodian mandate to Citi Global Transaction Services, Global Fundwire reports. Citi will be the custodian and fund administrator to Hyperion’s Ucits fund in Luxembourg. The fund will focus on Australian equities for distribution to institutional clients across Europe. Citi will also offer custody services in the Middle East for the Hyperion Australian Equities Islamic Fund.
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