Citco wins 2017 HFM Asia Hedge Fund Services Award
NEW YORK, October 16, 2017 – Citco Group of Companies (“Citco”) today announced that it has been awarded “Best Administrator over U.S. $30B Overall (Asia Assets)” at the 2017 HFM Asia Hedge Fund Services Awards presented at the annual awards ceremony in Singapore on September 28th, 2017.
The award demonstrates Citco’s continued success providing innovative customer-centric technology solutions for clients globally.
The annual HFM Asia Hedge Fund Services Awards recognizes hedge fund service providers that have demonstrated exceptional customer service and innovative product development over the past 12 months. Citco won the award based on several factors, including:
- Strong Business Growth; the firms APAC book of business has grown more than 20% in the last 12 months.
- Innovative Product Solutions; continual investments in technology has led to the development of the firms new Fund Manager and Investor portal, CitcoOne.
- Client Retention and New Client Wins; with over 2,000 employees in Asia, the firm has been able to retain business, as well, as win new large strategic mandates across Hedge Fund, Private Equity, Real Estate, Fund of Fund and other product lines.
“For nearly two decades, Citco has focused on building strategic partnerships and providing cutting-edge technology and infrastructure solutions to enable clients to scale their business while becoming more efficient,” said Jay Peller, Head of Fund Services at Citco. “The HFM Asia Hedge Fund Services Awards reinforce our strength servicing some of the world’s most complex funds by providing customized solutions in today’s changing market environment.”