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Industry news

Victory Capital picks Citi for securities lending


03 October 2019 London
Reporter: Jenna Lomax

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Image: Shutterstock
Victory Capital has selected Citi to provide its securities lending, fund administration, custody and exchange-traded fund (ETF) services.

The partnership expands Citi’s existing relationship with Victory Capital where it has provided fund services to the Victory Funds since 1986 and full ETF services for its VictoryShares branded ETFs since 2017.

Christopher Dyer, director of fund administration for Victory Capital, said: “We have continued to invest in building a world-class global custody and fund servicing platform, that includes ETFs, and this latest mandate from Victory Capital affirms our momentum.â€
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