The branch of Investment in Luxembourg, operational since May, has been appointed as the new depositary of the managed funds by March Asset Management (AM)The asset manager of the Banca March Group. The move places the entity at the heart of the asset manager's cross-border operations, leveraging a top-tier regulatory and technological infrastructure.
This decision deepens the strategic relationship between both companies and continues the reorganization initiated previously, when the transfer to Inversis Spain was completed 19 investment funds10 pension funds, 10 SICAVs, and three EPSVs. The stated objective is to raise standards of protection, transparency, and control for participants, both in Spain as in Luxembourg.
What does the appointment of a depositary entail?
With the opening of its branch, Inversis offers the full service of depository required by the Luxembourg and European regulator. This includes the effective custody of assets, the registration of non-custodial assets, the supervision and control of depository entities, and the monitoring of cash flows.
These functions are carried out through a specialized team and highly qualifiedWith over a decade of experience in vehicles registered in Luxembourg, reinforced by professionals from the parent company in Spain, this combination allows for consistent operations, robust controls, and a clear governance framework.
- Custody and safeguarding of financial instruments.
- Record keeping of non-custodial assets.
- Operational and fiduciary supervision of the deposited entities.
- Control and reconciliation of cash flows.
Complementary services and a 360º offer
Inversis's proposal in Luxembourg is integrated with a series of additional benefits for institutional clients, with the ambition of offering a 360 ºThese include fund administration provided by ADEPA, portfolio management and services from ManCo, record keeping and maintenance, and calculation of NAVneighbourhood, transfer agency (TA) and regulatory reporting to investors.
In practice, this combination allows asset managers to have a comprehensive platform for choose funds which reduces operational friction, ensures the data traceability and it streamlines adaptation to regulatory changes. For March AM, centralizing critical functions within a single group improves coordination and the quality of control.
Recent figures: growth and traction in alternatives
Inversis closed the last fiscal year with 19.905 millones de euros under custodianship, serving more than 70 asset managers. In the first half of this year, the entity has exceeded for the first time... 21.700 million, which represents an advance of 9% compared to the end of 2024 and 33% year-on-year.
The impetus comes from the incorporation of new institutional clients and the dynamism of alternative assets, which have increased by 28% since December and by 63% in the last twelve months. Overall, the firm exceeds 5.000 millones de euros in venture capital, free investment funds (FIL) and free investment companies (SIL).
Impact for March AM and investors
For March AM, having a depository in Luxembourg with full reach and local expertise brings legal securityoperational efficiency and a strengthened perimeter of control. For investors, the key benefit is greater asset protection and independent oversight of compliance with investment policies and financial flows, and it can contribute to save money with the funds.
From a market perspective, this step consolidates Inversis' presence in the Luxembourg ecosystem, a European financial hub where specialization in technological solutions and the outsourcing of financial services have become crucial for scaling with quality and resilience.
The assumption of the depositary role by Inversis Luxembourg, backed by its fund administration, management, and reporting capabilities, paints a picture of greater coordination between Luxembourg and Spain, with more consistent processes for monitoring, calculating net asset value, and supporting investors. The progress in figures and the traction in alternative investments underpin this roadmap with measurable results.
