Citi Wins Nedgroup Ucits Fund Mandate

Nedgroup Investments has selected Citi’s global transaction services unit for managing its new Irish Ucits fund.

Nedgroup Investments has selected Citi’s global transaction services unit for managing its new Irish Ucits fund, Asset Servicing Times reports. Citi will provide the fund manager with trustee and custody services and fund administration.

It will also offer transfer and foreign exchange solutions. Nedgroup Investments, launched in 1992, is part of holding company Nedbank Group.

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