Sagicor Life Jamaica Taps Citi for Hedge Fund Services
Jamaican life insurance company Sagicor Life Jamaica has chosen Citi to provide it with hedge fund services. Citi's Securities and Fund Services unit will provide Sagicor, which has J$26 billion under management, with global custody, hedge fund administration and risk reporting.
BST's Analysis:
An investment manager from Sagicor says the firm is looking to grow its global presence, so it makes sense to have a partner like global behemoth Citi.
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