New tools by Citi help clients create sustainable PE portfolios

Singapore

PRIVATE banking clients at Citi are looking at ways to improve their private-equity portfolios, which were "disfigured" during the financial crisis as investors shunned illiquid assets at that point, said a top executive from the bank.

The private bank, which managed US$210 billion in assets in Asia at the end of 2015, is using freshly developed portfolio-allocation tools - largely built in-house - to …