Aegon Asset Management expands Citi servicing mandate
Citigroup won a full middle-office mandate from Aegon Asset Management covering USD 380 billion of assets under management.
Scope expands existing servicing work to include Investment Book of Record services, trade management, settlement, performance measurement via Aladdin Accounting.
Aegon AM operations staff in Budapest transferred to Citi’s Solutions Centre, supporting delivery on BlackRock’s Aladdin platform.
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