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Citi has successfully completed the implementation of Man Umbrella SICAV, the Luxembourg fund business of the Man Group Plc (“Man”). Citi will provide an integrated range of services that includes custody, depositary bank, fund administration and transfer agency services. Man is a world-leading alternative investment management business with over $ 52.7 billion under management. Man appointed Citi to provide its global shareholder services in March 2011 and this new mandate builds on the success of the collaboration between the two institutions. "Citi’s deep understanding of Man’s business as well as its proven track record of service delivery were decisive factors in our decision to select Citi for this mandate,” said Simon White, Global Operations Head of Man Group plc...
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