15 April 2016: London
INDOS Financial, the UK independent AIFMD depositary, announces it has passed the milestone of $10 billion of assets under depositary.
This milestone was achieved in only seven months since INDOS passed $5bn and less than two years since the firm started providing depositary services to its first client in June 2014.
Bill Prew CEO of INDOS Financial, commented “Passing $10bn of assets under depositary is another significant milestone for INDOS. We have seen growth across all segments of the business, including hedge funds, private equity and other closed ended fund structures, from clients that recognise the benefits of the depositary being independent from their fund administrator. We have an excellent pipeline of new business and expect further significant growth over the coming months.”
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