Global Custodian announces Industry Leaders Award Winners for 2021 - Global Custodian – The Leading quarterly magazine covering the international securities services industry globalcustodian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcustodian.com Daily Mail and Mail on Sunday newspapers.
Citco opens Abu Dhabi headquarters in ADGM after 400% increase in MENA assets
New offices set up by fund services provider after enormous growth sees its assets in MENA hit $125 billion.
January 14, 2021 12:08 PM GMT
Fund administrator Citco has opened an office in Abu Dhabi Global Market (ADGM) after increasing its assets under administration (AUA) in the region last year by 400% to approximately $125 billion.
Citco said its decision to establish a base in ADGM follows a marked rise in calls for asset servicing, administration, banking and governance services from sovereign wealth funds and managers in the Middle East and North Africa (MENA) region last year.