Citigroup has announced that Citi Investor Services, part of
the Global Transaction Services business, has launched a new
global operating platform specifically for hedge funds. One of
its aims will be to make life far more simple for the advent of
the UCITS III hedge fund community.
As more and more investors wake up to the operational risks
involved in hedge fund investing, a one-stop-shop of straight
through processing on the fund administration side will become
increasingly important. Now,...