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03 October 2019
New York
Reporter Jenna Lomax

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Victory Capital picks Citi for custody services

Victory Capital has selected Citi to provide its fund administration, custody, exchange-traded fund (ETF) services and securities lending.

The partnership expands Citi’s existing relationship with Victory Capital where it has provided fund services to the Victory Funds since 1986 and full ETF services for its VictoryShares branded ETFs since 2017.

Christopher Dyer, director of fund administration for Victory Capital, said: “We have continued to invest in building a world-class global custody and fund servicing platform, that includes ETFs, and this latest mandate from Victory Capital affirms our momentum.”

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