Wealthtech Allfunds Set to Launch B2B Sub-Advisory Platform & Funding Outsourcing to Banks, Wealth Managers, & Institutional Buyers

Allfunds, Spain-based impartial wealthtech and fund distribution platform, introduced on Friday its plans to launch Allfunds Funding Options, which is an funding outsourcing and sub-advisory B2B options platform for banks, wealth managers, and institutional buyers.

In line with Allfunds, the brand new service will function as a separate enterprise unit to be run by a Luxembourg Administration Firm sooner or later. Allfunds preliminary fund of mandates’ providing might be launched via a Luxembourg SICAV and can embrace as much as 20 long-only methods, managed by the world’s largest fund homes as funding managers, chosen by Allfunds. The wealthtech additional revealed via the service, purchasers will be capable to take full benefit of the digital instruments obtainable via Allfunds Join, specifically, Nextportfolio as a front-to-back Portfolio Administration System, with content material coming from Digital Selector.

“Allfunds has recognized the necessity to assist its purchasers’ requirement to optimise their open structure packages and to outsource a part of their funding worth chain – from portfolio development to full implementation – within the present market and regulatory context. On the fund home facet, these companies will proceed to assist asset managers navigate the distribution panorama.”

Talking in regards to the service, Juan Alcaraz, Allfunds CEO added:

“Allfunds has all the time been near our purchasers and we perceive the brand new challenges they face in right now´s market. Allfunds is ideally positioned to supply such options at a big scale and in an environment friendly means, providing independence from each the distribution and manufacturing facet.”

Allfunds Funding Options is predicted to be rolled out within the third quarter of 2020.