Citi has launched a full service end-to-end integrated servicing solution for EU domiciled hedge funds. This product was launched in response to increasing demand from investors and hedge fund managers to establish hedge funds in EU domiciles, such as Ireland and Luxembourg. The servicing solution, which benefits on an end-to-end or modular basis, includes prime finance, custody, middle office support, fund administration, corporate secretarial services, distribution support, fiduciary services and compliance monitoring.
This service builds upon Citi’s front, middle, and back office solutions for hedge fund managers while also using the bank’s experience in the traditional long-only fund administration and fiduciary businesses.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.