Citi’s Securities and Fund Services has announced it has been appointed as hedge fund administrator and custodian for HuaAn Asset Management Hong Kong (HAAM).
Citi will provide customised services to HAAM’s Long-Short Greater China-focused fund management business. Services offered will include daily net asset valuation, custody and hedge fund administration.
George Ding, deputy CEO of HuaAn Asset Management said, “HuaAn continues to grow its business in size and scope, which requires sophisticated and comprehensive fund administration and custody solutions. With its global network and local expertise, Citi is a strong partner for our expansion plans. We look forward to building on this partnership with Citi on this important initiative to support the
ongoing success of our business in Greater China."
