Allfunds announced the launch of a new white label fund hosting platform through its Luxembourg-based management company, Allfunds Investment Solutions. The platform will service traditional mutual funds and exchange-traded funds (ETFs) in Luxembourg.
The initiative aims to support fund managers in launching new funds by leveraging Allfunds’ existing platform infrastructure. According to the company’s press statement, the integrated solution connects fund managers’ ideas with its extensive distribution network. This approach is intended to streamline the fund creation process while providing fund managers with efficient access to global markets.
Management changes
The launch coincided with the appointment of Thérèse Collins as managing director of Allfunds Investment Solutions. Collins, who brings over 20 years of experience in the funds industry, previously served as director and global head of onboarding at Carne Global Fund Managers. She will be based in Luxembourg and will report directly to Juan de Palacios, chief product and strategy officer at Allfunds.
Stéphane Corsaletti, a five-year veteran at Allfunds, was named non-executive chairman of Allfunds Investment Solutions. Corsaletti previously held roles as the group’s chief investment officer and general manager of its management company.
Commenting on the platform’s launch, Juan de Palacios stated, “The launch of Allfunds’ new platform … underscores our commitment to market-leading client service and highlights the breadth of technical solutions we offer, which continue to be in high demand by asset managers globally. Supported by our expert teams, we’re excited about the positive impact this platform will have on our clients’ activities and its role in deepening our relationships for the future.”