It has been another busy and successful quarter for INDOS. Notable highlights were:
- Passing the milestone of $5bn Assets under Depositary.
- Winning and transitioning a $1bn + depositary mandate from a global administration group. We believe the switch was an industry first and we expect to see several other managers follow in the coming months as managers review their depositary relationships.
We are seeing increasing demand from private equity and real estate managers and have hired an experienced PE/ RE depositary manager to lead our growth in this area.
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