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Citi awarded korean fund QFII mandate

Citi’s securities and fund services, a division of global transaction services, has been appointed custodian bank by Korea-based Tong Yang Investment Trust Management. The mandate exclusively covers China with Citi acting as custodian for Tong Yang Investment Trust’s client’s qualified foreign institutional investor (QFII) investments. Under the mandate, Citi’s securities and fund services will provide Tong Yang Investment Trust Management…

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