Transition Manager Profiles
Citi provides solutions to the complex needs of the world’s largest asset owners in more than 160 countries and jurisdictions. Citi has the largest proprietary global network with physical presence in 97 countries, trading desks in 77 markets, and clearing/custody in 63 markets. Citi Transition Management draws on the unique skills of a global investment bank and one of the largest custody networks to deliver solutions. Operating from within the world’s most global bank allows us to provide our clients with very competitive commission rates. Citi Transition Management’s value proposition can be summarized as boutique service at wholesale prices.
Client Restrictions: Typically >$5B in sub-advised assets. Please contact provider for more details.
| Total TM clients |
>150 |
| Total TM mandates |
>150 |
| Total assets transitioned ($USD) |
>$150B |
| U.S. |
|
| Canada |
|
| U.K. |
|
| Continental Europe and Republic of Ireland |
|
| Asia |
|
| Australia |
|
| All other locations |
|
| Total respondents |
20 |
| Net recommendation/promoter score |
75% |
| % independently audited |
5% |
| % accepted fiduciary role over event |
76% |
| Principal |
0% |
| Agency |
80% |
| Hybrid |
20% |
| <$50MM |
5% |
| $50MM – $250MM |
16% |
| >$250MM – $1B |
32% |
| >$1B – $3B |
32% |
| >$3B |
16% |
| Transition strategies and planning capabilities |
4.70 |
| Operational capabilities and trading quality |
4.80 |
| Risk management capabilities |
4.70 |
| Quality/transparency of reporting |
4.65 |
| Accuracy of pre-trade estimate |
4.40 |
| Transparency of disclosures |
4.60 |
| Overall project management |
4.85 |
| Knowledge/responsiveness of staff |
4.75 |
