Wealthtech and fund distribution platform Allfunds will begin operations of its B2B sub-advisory strategies platform in May with approval from the Luxembourg regulator (CSSF).
Allfunds has designed the strategies to provide fund managers and discretionary portfolio managers with a different set of building blocks to optimize their portfolios.
The first strategies, ‘Allsolutions’ will initially consist of twelve mandates covering the primary asset classes and will be managed by some of the largest fund houses.
Seven of these strategies will have an ESG focus, consistent with Allfunds’ sustainable commitments, in line with the Principles for Responsibility Investing.
The offering has been designed to give banks and wealth managers a solution for running their open architecture programmes through mandates. The B2B solution will not be available to a final investor offering.
Following the initial launch, Allfunds will introduce 18 complementary strategies to the platform in the third quarter of 2021.
Of these strategies, a further 14 will also focus strongly on sustainability. Their introduction will bring the total number of available strategies to 30.
It is hoped that through Allsolutions, clients will benefit from a one-stop-shop to access the sub-advisory marketplace, allowing them greater flexibility.
Allfunds chief executive Juan Alcaraz said: “We are pleased to extend our services, offering clients access to a selection of exclusive mandates expertly managed by some of the world’s largest fund houses.
“Through Allsolutions, our aim is to continue to evolve the Allfunds infrastructure allowing for efficient access to open architecture while sticking to our B2B business model and never selling to end clients.”
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