Man Group expands Citi’s servicing contract

Handshake 3Man Group, a London-listed hedge fund, has handed Citi a servicing brief for its Luxembourg-based Sicav fund.

Citi will provide custody, depositary bank, fund administration and transfer agency among other services.  

Man has over $52.7 billion (€41.5 billion) under management.

The appointment follows Citi’s appointment to provide global shareholder services to Man Group in March 2011.

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