Citi Expands Services For HF Managers

May 30 2012 | 12:04pm ET

Citi has expanded its administration and custody services for hedge fund managers.

The bank says the changes are in response to evolving liquidity terms and conditions in the market and come as investor level gates are “becoming more prominent in the hedge fund community.”

Citi has implemented what it calls “an enhanced liquidity module” which it says will allow clients to more accurately predict the underlying liquidity of their respective hedge fund investments. The bank has also integrated the custody trade order management system allowing clients to track the entire trade life cycle on a single platform.

In addition, Citi’s hedge fund analytics module enables portfolio managers to perform multiple statistical analyses, peer group comparisons and benchmarking with hedge fund indices. The platform integrates information so that managers can view both the actual investment returns from existing funds alongside potential hedge fund investments they are considering. Managers also have the ability to track potential investments and generate return analyses both pre and post investment. 

“As investors in funds of hedge funds demand more information on liquidity and portfolio performance, these new features become critical for managers,” said Sanjiv Sawhney, head of fund services, investor services, Citi.  “In today’s environment, clients need solutions designed specifically for funds of hedge funds to be able to make informed decisions.” 

Citi currently has $52.11 billion in assets under administration as of March 30, 2012 for funds of hedge funds.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

New customer protection rules have landed: Are you ready?

The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.