Citi Receives Top Rankings in Global Custodian’s
2010 Mutual Fund Administration Survey
“Top Rated”: Globally, Asia Pacific and North America
July 20, 2010 09:48 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Citi’s Global Transaction Services today announced that its
Investor Services clients have voted the company among the “Top Rated” mutual fund service providers in the world
in Global Custodian magazine’s 2010 Mutual Fund Administration Survey.
Citi was Top Rated for its overall global performance and for service and expertise in North America and Asia
Pacific. Asia Pacific also ranked number one in the regional “League Tables”. Asset classes that earned top ratings
include Fixed Income, Fund of Funds, Multi-Provider, Other Funds and funds with assets under management from
$1 to $5 billion and over $5 billion. Citi achieved “Commended” status in the four remaining categories.
Ratings are supplemented with Best in Class Awards. According to the survey’s methodology overview, “Providers
are awarded Best in Class awards, which aim to recognize excellence in servicing clients of different sizes, types and
locations.” Citi received a total of 60 such Best in Class awards.
“If Citi is aiming to convince fund managers of the benefits of a one-stop shop for fund accounting, transfer agency
and custody,” reported Global Custodian in its coverage of the 2010 survey results, “it has succeeded.”
“We are pleased with our showing in this year’s Global Custodian survey,” says Sanjiv Sawhney, Global Head of
Fund Services, Citi. “More importantly, we are grateful to know that our clients approve of the job we’re doing. The
real value of this survey is gaining insight into our clients’ day-to-day experience with our associates across the wide
range of mutual fund services, asset types, and regions we support. This year’s results affirm our commitment to the
business.” Added Sawhney, “We will continue to invest deeply in talent, technology and innovation.”
Among the accolades Ci