When looking at recent treasury volumes, one has to ask the question — “What summer?” With gyrating markets and increased trade volumes, the treasury space undeniably felt a knock-on effect. If the quarter ends are removed from the equation, each month in 2022 has shown an increase in treasury volumes. In fact, when comparing January 2022 to July 2022 volumes, we see a 22% increase in activity. To learn more, read our full Hedge Fund Report for July here: https://bit.ly/3PxfpEB
2 weeks ago We’re delighted to announce that our Monthly Hedge Fund Update for July has been covered by a number of publications, including Forbes, Global Investor Group, City AM and Hedgeweek, among others. All articles highlight the significant improvement in hedge fund performance in July, with positive returns across all AUA categories and strategies bar Commodities. Multi Strategy funds delivered the highest returns at 4.4%, followed by Equities at 3%, while $3B+ funds outperformed the smaller funds at 4.3%. Read the full report here: https://bit.ly/3PxfpEB
Forbes has released its take on our Monthly Hedge Fund Report for July 2022. The report reveals a turnaround in hedge fund performance, with 69.9% of the funds the Citco group of companies (Citco) administers generating positive returns in July, compared to only 28.5% of funds in June. Forbes highlights that hedge fund returns have flipped back into the green, with hedge funds administered by Citco returning 3% in July, up from -2.4% in June and -1.1% in May. Read our full report: https://lnkd.in/dfdZupYM Or, check out the Forbes article here: https://lnkd.in/dWDZGu4q
The Citco group of companies (Citco) has been ranked as the leading asset service provider in Europe, according to With Intelligence research and data. Expanding our client base in the region by 7%, with more than half of the total tracked AUA in equity strategies, we at Citco are proud to be at the forefront of the asset servicing industry. Learn more about Citco's offerings by following the link, and feel free to get in touch: https://bit.ly/3QQzxCJ #TheCitcoWay #HedgeFund #AUA
Macroeconomic changes have always impacted private markets, a trend unlikely to change in the near future. In a recent article, Sam Metland, Head of Private Equity Product, Citco (UK) Limited, highlights the importance of standardization - particularly when interest rates are on the rise. As Sam notes, in today's shifting paradigm, digitization and automation will only be delivered effectively if leaders harness the power of structured data across standardization processes. Learn more here: https://lnkd.in/eV5pGbJR #Standardization #PrivateEquity #TheCitcoWay #InterestRates
Our team in Vilnius were extremely honored to welcome the United States (U.S.) Embassy to our offices last month to celebrate over 100 years of close relations between the U.S. and Lithuania – hosted by Laura Noreikiene. The team welcomed representatives from the U.S. Embassy on the 100-year anniversary to commemorate friendship and cooperation across borders – hearing from our Citco colleagues, Gaurav Gupta shared his career around moving customers to the U.S. market and Gustavo Terrones, who shared his story around his move to Lithuania from the U.S. – what’s more Mercator by Citco’s Chris Butler OBE Butler spoke at the event and offered his congratulations for achieving such a historic milestone. At Citco, we value the close ties we have across borders and celebrate the success we see from our amazing people cooperating around the world. #CitcoWay #CitcoCommunity
Our latest analysis sheds light on hedge fund performance in June, highlighting insights into payments, treasury and collateral. In a month dominated by ongoing market volatility and soaring trade volumes, monthly treasury volumes were up substantially, with high levels of OTC settlements and margin moves - both in terms of Variation Margin and Initial Margin. As cash continued to be deployed to offset shifting markets, find out how performance fared: https://bit.ly/3IPqrDG #HedgeFunds #PrivateEquity #Treasury #MarketVolatility
Our India Talent Acquisition Team has been celebrating India’s 75th Independence Day, taking the time to honor the freedom of courage, truth, unity, faith and peace. At the Citco group of companies (Citco), we are proud to champion our colleagues around the world, supporting opportunities to come together and celebrate such milestones.
Getting into the spirit of summer, our Jersey City office arranged their first social in over two years. The team had the opportunity to share their achievements in 2022 thus far, and more importantly, discuss plans and ambitions for the future. At the Citco Group of Companies (Citco), we're delighted to see our colleagues once again enjoy time together across our global offices, and can't wait to share more summer celebrations in the weeks ahead! #CitcoCommunity #TheCitcoWay #TeamBuilding #SummerParty
There is still chance to set up a VCC or re-domicile existing overseas investment funds to Singapore - and profit from the grant scheme. In our latest article, Diederic Sterneberg, Regional Head of APAC, Citco Governance Services, Citco Singapore Pte. Ltd, explains how investment managers can benefit from Singapore’s Variable Capital Company (VCC) grant scheme as the six-month deadline fast approaches. If eligible, a VCC can reclaim up to 70% of its qualifying expenses incurred for the establishment of the VCC in Singapore (covering costs such as legal, tax, company secretarial, administration and regulatory compliance fees). To read more on this topic, please click here: https://lnkd.in/eefy2AVn #VCC #Singapore #InvestmentManagement #TheCitcoWay
