Citi awarded Sagicor Life Jamaica mandate

Source: Citi

Citi today announced that it has been awarded a mandate from Sagicor Life Jamaica Limited to provide a comprehensive suite of hedge fund services to the financial services firm.

Specifically, Citi will be delivering global custody, hedge fund administration and risk reporting.

"Following a thorough review of service providers, we selected Citi because of its holistic view of our business," said Rohan Miller, Vice President, Investment Manager, Sagicor Life Jamaica Limited. "Now, with Citi's scalable solution and the portfolio of robust services it includes, we have the powerful platform that will deliver the support we need to continue our global plans."

"This mandate from Sagicor Life Jamaica Limited is further evidence that the marketplace is increasingly recognizing the value of our hedge fund services platform," said Neeraj Sahai, Global Head, Securities and Fund Services, Citi. "It is another prime example that, at Citi, we can deliver both global scale and leverage capabilities across the enterprise for the benefit of our clients."


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