Eurizon SLJ Capital, the UK-based investment manager of Eurizon, the asset management company of Intesa Sanpaolo with EUR384bn (USD418bn) AuM, has launched its first Ireland-domiciled actively managed ETF with Connect ETFs, a new ETF platform connecting asset managers with leading ETF service providers. The platform uses Carne Global Fund Managers (Ireland) Limited as ManCo and…
Category: Citi
Bonanno moves to Citi Wealth
Joe Bonanno has been appointed global head of data analytics and innovation for Citi’s wealth management business. Bonnano, who joined Cit in 2022 as global head of data, digital and innovation for the securities services business, spent almost 12 years with Morgan Stanley’s wealth management unit.
Citi wins Nuveen ETF mandate
Citi has won an ETF servicing mandate from Nuveen, the TIAA-owned asset manager. Citi has onboarded 23 ETFs with c. USD9bn AuM. The mandate expands Citi’s relationship with Nuveen, which is an existing client of its markets business.
Citi hires from J.P. Morgan
Citi’s securities services business has appointed John Miller as global head of fund accounting and administration, reporting to Mike Hughes, head of fund services. Based in Boston, Miller will oversee product strategy, client delivery and financial performance, and drive investments into new technologies for the business. He will focus on the move to a global…
Komainu appoints CFO
Komainu, the Nomura-backed regulated custody provider for the digital assets industry, has appointed Tony Larkin as CFO. He joins from Citi.
FundGuard links to ICE
FundGuard, the multi-asset and multi-book investment accounting utility which is backed by Citi and State Street, has formed a collaboration with ICE’s data services business, which is part of Intercontinental Exchange, the operator of global exchanges and clearing houses and provider of data and listings services. The collaboration will provide asset managers, asset owners and…
Citi expands with Multifonds
Citi has extended its 20-year relationship with Multifonds to consolidate its current regional fund accounting operation into a global operating model through the Temenos Multifonds SaaS solution. Citi’s move to a global operating model for its fund services business, and from an on-site platform to Multifonds SaaS, will enable it to manage its business across…
HSBC hires global head of funds & trustee services
HSBC has hired Julie Kerr as global head of funds & trustee services. She joins from Citi and will be based in Hong Kong. She reports to Fiona Horsewill, global head of securities services, and joins HSBC’s securities services ExCo. She spent five years at Citi, where she was most recently APAC co-head of sales…
Citi wins again in Oz
Citi’s securities services business in Australia has been appointed by Fiducian Group to provide custody, fund administration and registry services. The project involved transitioning >1,300 assets, many thousands of transactions, tax parcel data and unit pricing across Fiducian’s Investor Directed Portfolio Service (IDPS), superannuation wrap and Fiducian Funds product offerings. Fiducian is an Australian-owned financial…
FundGuard raises USD100m
FundGuard, the cloud-native, AI-powered, multi-asset class investment accounting platform for asset managers, asset owners, custodians and fund administrators, has closed its Series C funding round, amounting to USD100m. This latest round of investment – led by Key1 Capital and new investors including Euclidean Capital and funds managed by Hamilton Lane – also had participation from…