Allfunds has announced the launch of a new “white-label funds” platform, which refers to vehicles managed under a third-party brand or name, without that third party necessarily being the actual manager or administrator of the fund. According to the firm, this new platform aligns with its objective of providing solutions for fund managers.
Allfunds states that the platform will offer services for traditional mutual funds and ETFs in Luxembourg and Ireland, with Allfunds Investment Solutions acting as the management company. This integrated solution is designed to support fund managers in launching new funds, leveraging Allfunds’ comprehensive platform. “It connects fund managers’ ideas with Allfunds’ unparalleled distribution capabilities, providing an efficient and seamless route to market,” they highlight.
“The launch of the new Allfunds platform marks a significant milestone in our history. It underscores our commitment to market-leading client service and highlights the breadth of technical solutions we offer, which remain highly sought after by asset managers globally. Backed by our expert teams, we are excited about the positive impact this platform will have on our clients’ activities and its role in strengthening our relationships for the future,” said Juan de Palacios, Head of Product and Strategy at Allfunds.
Coinciding with the launch of the new platform, Allfunds also announced a series of changes in the management team of its ManCo. Specifically, Thérèse Collins will join Allfunds as Managing Director of the ManCo, which will be based in Luxembourg and report to Juan de Palacios, Head of Product and Strategy.
Thérèse joins from Carne Global Fund Managers, where she served as Director and Global Head of Onboarding. Allfunds notes that Thérèse has over two decades of experience in the funds industry, bringing a wealth of professional knowledge from previous roles at FundRock Group, DMS Investment Management Services (now Waystone), Royal Bank of Scotland, and Edmond de Rothschild Investment Advisors S.A.
Additionally, Stéphane Corsaletti will become Non-Executive Chairman of Allfunds Investment Solutions, the group’s management company in Luxembourg. During his five-year tenure in an executive role at Allfunds, Stéphane has been an invaluable member of the team. As Group CIO and Managing Director of the ManCo, Stéphane played a pivotal role in the creation of Allfunds Investment Solutions and the overall growth of the Investment Division.
On these appointments, Juan de Palacios added:
“On behalf of the entire company, I am pleased to welcome Thérèse and look forward to integrating her expertise into our operations. I want to extend our gratitude to Stéphane for his commitment to the business over the past four years. We are deeply appreciative of his dedication and efforts and wish him great success in his new role within our company.”
