Janus Global Capital Group Appoints Citi To Provide Global Custody And Trustee Services For $9 Billion Ucits Fund

Global Custody And Trustee Services For $9 Billion Ucits Fund

Dublin, London, New York – Citi has been appointed by Janus Global Capital Group (“Janus”) to provide a suite of global custody and trustee services for its Dublin-registered funds. This new mandate extends Citi’s existing relationship with Janus for which Citi provides fund administration, accounting, and transfer agency services.

Global fund managers are continually seeking out new markets for investment opportunities and are looking to develop products that offer access to different geographical areas, especially emerging markets. Citi’s recently-launched Network 3.0 is a suite of investor service solutions that helps clients like Janus extend their reach and expand their business by leveraging its global network in over 95 countries and its on-the-ground local market expertise.

“We chose to broaden our relationship with Citi because we are seeking to expand the investment opportunities for our UCITs fund into new markets,” said George S. Batejan, Executive Vice President, Global Head of Technology and Operations. “We are impressed with the insights and efficiencies gained through Citi’s Network 3.0 and believe it will aid us in effectively implementing strategies in the markets that afford us the most potential."

Core to Citi’s Network 3.0 is the Integrated Custody program that will enhance technical platforms and reengineer operational processes to deliver top-tier levels of service including: real-time deadlines, 24-hour instruction processing and improved risk management.

“Network 3.0 leverages Citi’s global network by providing a connected gateway offering increased efficiency and information that enables local access on a global basis,” said Chandresh Iyer, Managing Director, Investor Services, Securities and Fund Services at Citi. "Leading firms like Janus recognize the value of Citi’s global network and integrated solutions to unlock their investment potential and generate growth. We look forward to providing Janus with a top-tier, end-to-end fund administration and custody services solution."

Citi provides a full range of investor services that are adapted to client needs for efficiency, transparency and risk management. Clients have the flexibility to establish custody accounts at the segregated level or in an omnibus structure.

Citi OpenInvestor is the investment services solution for today’s diversified investor that combines specialized expertise, comprehensive capabilities and the power of Citi’s global network to help clients meet performance objectives across asset classes, strategies and geographies. With $13.5 trillion in assets under custody and administration, Citi OpenInvestor provides institutional, alternative and wealth managers with middle office, fund services, custody, and investing and financing solutions that are focused on their specific challenges and customized to their individual needs. For more information, visit openinvestor.transactionservices.citi.com.



About Janus Capital Group Inc
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and mathematical equities, fixed income and alternatives through one common distribution platform. At the end of March 2013, JCG managed approximately $163.8 billion in assets for shareholders, clients and institutions around the globe.

Based in Denver, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo, Melbourne, Paris, The Hague, Zurich, Frankfurt, Dubai and Taipei.

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.

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