Cantab Capital appoints Indos Financial AIFMD depositary

Cantab Capital Partners LLP has appointed UK AIFMD depositary Indos Financial to provide depositary services to its CCP Quantitative Fund and CCP Core Macro Fund hedge funds.

Indos Financial said the appointment marked the third depositary switch to itself in the past six months from three different depositaries, of which two represent funds with assets in excess of $1bn.

Bill Prew, CEO, said “We are delighted to be working with Cantab Capital. Increasingly managers are recognising the benefits of an independent depositary solution and we look forward to delivering our transparent and value-add service to the Cantab Capital funds.”

Fraser McIntyre, partner and COO of Cantab Capital Partners, said the appointment came after it reviewed the existing use of a depositary affiliated to its fund administrator, and decided that more value could be added by using an independent depositary such as Indos Financial.

““Following the introduction of the AIFMD, like many managers we initially appointed a depositary affiliated to our fund administrator. Almost two years on, we recognise that independence between the depositary and the fund administrator will add more value to our investors, the funds’ directors and our business. Indos has established an excellent reputation as an independent depositary. We have been impressed with their management of all aspects of the transition and look forward to working with the team.”



Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

Read more from Jonathan Boyd

Close Window
View the Magazine

You need to fill all required fields!