Citi Wins Securities Lending Services Mandate from Hartford Funds
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Citi has been awarded a mandate to provide third-party securities lending services for certain Hartford Funds mutual funds. As part of this mandate, Citi will oversee lending activities for funds with approximately $108 billion in assets as of December 31, 2017. Lending activity is expected to commence on or about March 1, 2018. “We are delighted that Hartford Funds has selected Citi to provide third party securities lending services to its mutual funds,” said David Martocci, Global Head of Agency Securities Lending at Citi. “This partnership demonstrates Citi’s ability to differentiate its product offering and serve the needs of a leading investment manager. We look forward to building a long-lasting relationship with the Hartford Funds team.” Citi is one of the leading providers of agency securities lending services in the world. Citi’s innovative technology and exte
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