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Citi Expands Award-Winning Alternative Investment Services to Hedge Fund and Private Equity Investors in Asia Pacific

Hong Kong, Singapore - November 1, 2011 – Citi today announced that it has expanded the footprint of its global servicing platform to benefit investors in alternative assets with the latest regional implementation of its next-generation service model that seamlessly integrates front, middle and back office services. Clients in Asia Pacific will now benefit from an end-to-end process that will improve transparency, cost and operational efficiencies.

As interest in alternative investments grows, institutional investors in the region are demanding greater transparency, more robust administrative support and a seamless combination of services. Citi’s expanded service platform will help clients to establish a more efficient, informed and effective investment process by supporting their needs throughout the entire trade life cycle – from risk management tools, research, custody and middle office services to analytics and administrative reporting.

Citi was recently awarded Best Fund of Hedge Funds Administrator by Hedge Fund Manager Week. "Investors who are considering and making an allocation to alternative investments will benefit from our award winning platform for making crucial investment, and exposure decisions" said David Russell, Regional Head, Asia Pacific, Securities and Fund Services, Citi. "This includes greater access to data, improved visibility into investments, enhanced risk mitigation, and an exceptional service experience."

Citi’s new alternative investment services combine best in class features such as:

  • ability to track and analyze underlying fund and portfolio performance
  • pre and post trade compliance reporting against investment guidelines
  • real-time dynamic portfolio, cash flow, performance and valuation reporting
  • automated FX hedging functionality
  • drill down capabilities into the underlying portfolio
  • decision support portfolio analytics, including real estate assets

In recognition of the continued demand for alternative investment services in the region, Citi recently expanded its team and named Kalis Wout as regional head, based in Singapore.

Through its Securities and Fund Services business, Citi’s industry-focused experts provide investors worldwide with tailored solutions delivered through proven global platforms that feature modular, open architecture. With $12.5 trillion of assets under custody and the industry’s largest proprietary network, clients can leverage Citi’s local market expertise and global reach to extract value across the entire investment value chain.

Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the second quarter of 2011, it held on average $365 billion in liability balances and $12.5 trillion in assets under custody.

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About Citi
Citi, the leading global financial services company, 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.

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