Fri, Nov 15, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Seymour Banks joins INDOS Financial as head of ESG

Wednesday, June 19, 2019
Opalesque Industry Update - INDOS Financial, the independent fund depositary and oversight business has appointed Seymour Banks as Head of ESG - Environmental, Social & Governance. He will be responsible for leading and developing INDOS's independent ESG screening and verification service to asset managers and their stakeholders.

Seymour comes with over 20 years of experience in the investment management industry, predominantly in the alternative asset space. Before INDOS, Seymour was CEO of Hilltop, a boutique fund of fund business and prior to that a Managing Director of Signet Capital. His investment management career started in 1996 at Barclays Global Investors where he was involved in product and business development, including hedge funds, i-shares and the FTSE4Good Index.

"Responsible investing has a long and varied history, but interest in how investment managers integrate environmental, social and governance factors into their thinking has accelerated dramatically over the last couple of years," said Seymour Banks. "This is a great opportunity to extend INDOS's reputation for independent assurance, as a depositary for alternative investment funds, to the ESG space where the lack of transparency is a big issue."

Since its inception in 2012, INDOS has grown organically, developing solutions recognised as industry-leading within the fund oversight and depositary service space. As of January 2019, client assets under depositary oversight have grown past $28 billion and a further $15bn which form part of the INDOS MLRO (Money Laundering Reporting Officer) service clients.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: Private equity is the new stock, Private equity fundraising in the US hits all-time high, Foreign private equity firms lead $152bn blitz on London Stock Exchange[more]

    Private equity is the new stock From Institutional Investor: The traditional portfolio of stocks and bonds needs an alternative investment shake-up after failed monetary policy, according to executives at JPMorgan Chase & Co.'s asset management unit. "We are in an odd cyclical posit

  2. Opinion: Cliff Asness: It's 'time to sin'[more]

    From Institutional Investor: Timing the market can be "deceptively difficult," as quantitative investor Cliff Asness has pointed out before. But now, the AQR Capital Management co-founder believes that while factor timing is "an ugly thing," it is "about time we did some" - specifically when it com

  3. Investing: Hedge fund Whitebox places big bet on gunmaker Remington, Quant funds exit Japanese bonds in worst sell-off since 2013[more]

    Hedge fund Whitebox places big bet on gunmaker Remington From Reuters: Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company. Whitebox

  4. Tech: Investors race to tech start-ups despite SoftBank stumbles, Two Sigma launches risk management software[more]

    Investors race to tech start-ups despite SoftBank stumbles From FT: Investors are planning to pour billions more dollars into later stage tech start-ups, even as Japan's SoftBank reels from a succession of faltering bets. Stephen Schwarzman's Blackstone plans to raise between $3bn and $4b

  5. Regulatory: Carried interest tax rules slated for 2020, official says[more]

    From Bloomberg: The Treasury Department is planning to issue regulations restricting how hedge fund managers can claim a valuable tax break early next year, a top Treasury official said. The regulations will likely bar money managers from using S corporations to take advantage of an exemption