Over the past few weeks, our colleagues around the world have been sharing what Pride means to them - and we are incredibly proud to say the Citco group of companies (Citco) family stands united in the name of equality. As we look towards a more inclusive future of work, Jay Peller, Head of Fund Services, Citco Fund Services (USA) Inc., shares his takeaway from Pride month ⬇️ #YouAreIncluded #TheCitcoWay #LoveisLove #PrideMonth #Pride2022 #AllOurPride #EqualityMatters #CitcoCommunity
Our Monthly Hedge Fund update for May highlighted how net inflows to hedge funds administered by Citco more than trebled month-on-month in May. Multi-Strategy was the standout winner in terms of inflows, with net subscriptions of $1.5B. The outlook for June is currently showing a reversal of this trend, with overall redemptions of $15.1B currently expected, and a further $8.6B of future outflows projected for the remainder of 2022. Follow the link to read our full update for May: https://bit.ly/3bfWQ9I #HedgeFund #TheCitcoWay #FinancialServices
The Citco group of companies (Citco) was delighted to welcome Glenn Hassett, Nicholas Braham and Laura Davey to our offices in India last week. During the visit, they inaugurated our state-of-the-art 10th-floor facility in Pune, in celebration of our multinational community and the return of in-person events. #TheCitcoWay #CitcoCommunity #WorkPlaceCulture
Colleagues from our Citco office in Vilnius were delighted to take part in and champion this year's Baltic Pride March for Equality and Peace! The biggest LGBTQ+ human rights festival in the Baltic states, this year the festival was hosted from the 1st- 5th June in Vilnius, Lithuania, and was attended by the LGBTQ+ community and its allies from Lithuania, Latvia, Estonia and other European countries. The week of events also included the International Human Rights Conference, International Summit of Human Rights Ombudsman and the Pride Voices Gala. The Parade For Equality and Peace took place on 4th June, and was followed by a sensational concert open to all Vilnius residents and visitors. #TheCitcoWay #CitcoCommunity #YouAreIncluded
In an article on our Q1 2022 Hedge Fund Report, Bloomberg highlighted how Hedge Funds are braced for nearly $20 billion of investor redemptions for the rest of 2022, with investors set to withdraw $13.5 billion from the industry in the current quarter and another $6.3 billion scheduled for the rest of the year. For the full article, follow the link below: https://lnkd.in/gnK-_BsJ #hedgefunds
Members of our Australia team were delighted to attend the joint AIMA - The Alternative Investment Management Association and 100 Women In Finance held recently at the ASX Auditorium in Sydney CBD. Marking the launch of the Elevating Women’s Voices Programme – that aims to create a cohort of women across the finance industry who are capable, willing and confident to speak at conferences and events – we had the opportunity to hear some amazing life experiences from some inspiring women. We look forward to working with AIMA on this great initiative going forward. Pictured left to right: Kristute Milvydas, Dianna Chen, Tate Mudzamba, me, Chris Ren, Uma Sarimsakova, Xiaohan Lu and Xiaotong Huang #TheCitcoWay #WomeninFinance #WomenLeaders
Our latest Quarterly Hedge Fund Report for Q1 2022 showed hedge funds administered by the Citco Group of Companies recorded inflows of $13.6B in the first three months of the year – more than double the previous quarter. Hybrid Capital funds saw the largest inflows of $8.2B for the quarter, while Treasury volumes were another key takeaway after climbing to a new record high. To read the full report please follow this link: https://lnkd.in/egA_6-bA
Following the release of our Q1 2022 Hedge Fund Report, Forbes has given its take on our latest results. After the strong performance achieved throughout 2021 by hedge funds administered by the Citco group of companies (Citco), net inflows have soared in the first quarter as investors continue to diversify their portfolios. The popularity of Hybrid Capital Funds was very clear once again in Q1, with net subscriptions of $8.2bn, by far the most popular strategy, while Multi Strategy funds made up most of the remainder after seeing net subscriptions of $4.7bn. The full article can be found here: https://lnkd.in/eWnKeB8g
In the latest issue of The Drawdown, Timothy Mietus Senior Executive Vice President of Innovation, Citco Technology Management, Inc. takes a look at the role technology plays in the future of asset servicing. With volumes of data growing exponentially coupled with tightening capacity across the sector, Tim explores whether natural language processing (NLP) is the silver bullet the industry needs. https://lnkd.in/e3Jcx4ze #CitcoLeaders
Our latest Monthly Hedge Fund Update for April highlighted that hedge funds administered by Citco saw subscriptions of $9.1B and redemptions of $8.3B - resulting in net subscriptions of $800m. Equities, Global Macro and Multi Strategy all finished in positive territory, with the latter having the highest inflows with net subscriptions of $1.3B. Read more here: https://lnkd.in/efJVJqQx
