INDOS Financial, the UK independent AIFMD depositary, has been named Best Depositary Solution for the second consecutive year at the 2017 HFM European Services Awards.
INDOS won the award in recognition of its continued innovation as an independent depositary in a market otherwise dominated by depositaries affiliated to the fund administrator, exceptional client focussed service delivery and impressive client growth over the past 12 months.
Bill Prew, CEO of INDOS Financial, said “We are thrilled that INDOS has once again been recognised as the leading depositary servicing the hedge fund industry. As the only specialist independent depositary in the market, the award recognises the inherent benefits of an independent solution that delivers value to investors, fund boards and managers. We would like to thank all our clients and other industry stakeholders that supported our application and our entire team for their incredibly hard work over the past year.”