Trustee and depositary services | NatWest

Trustee and depositary services

Transparent, expert and independent scheme oversight

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Add your signposting title here… The UK’s largest trustee / depositary service

We currently act as trustee / depositary to over 1,000 collective investment schemes (‘CIS’), including alternative investment funds (AIFs), UCITS and other UK CIS. That’s a significant portion of the UK-authorised CIS industry – more than any of our competitors.

We also work with more management companies and a greater value of funds under trusteeship than any other trustee / depositary.

What you can expect
Product flexibility

We monitor UCITS, AIFs (AIFMD-authorised), investment trusts, unauthorised schemes and property / real estate funds.

Independence

The only fully independent trustee / depositary service provider in the UK, increasing product choice and reducing any potential conflicts. See more below.

Knowledge and experience

Nearly 80 years of industry experience with dedicated teams focussing entirely on CIS related activities.

Full transparency

Detailed management information available on our own performance and that of delegates.

Scheme oversight and governance

Expert compliance oversight and support as well as a specialist in-house legal team.

Regulatory and industry updates

Commentary and analysis, interactive workshops, Funds Review newsletter and our Fund Management Industry Conference programme.

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Add your signposting title here… Independence

We’re the only depositary to CIS in the UK market that is not tied to any one service provider. This is important because it allows us to:

  • Mininmise any potential conflicts of interest, whether perceived or real.
  • Provide clients with the ability to select the optimum mix of service providers.
  • Align with the governance promoted by European and UK regulations such as AIFMD and UCITS V.
  • Focus solely on depositary services, thus increasing our transparency.
  • Benchmark custodian service provision, offering our clients transparent and independent MI.
  • Compare performances of transfer agents and fund accountants.
  • Share best practices and recommend improvements, both internal and external.

This service is for use by Authorised Fund Managers only and not private individuals

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