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Here you will find the latest press releases from Allfunds. For any media inquiries, please reach out to press@allfunds.com.

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Leadership Update

This press release contains inside information within the meaning of Article 7(1) of Regulation (EU) 596/2014 (Market Abuse Regulation)

Founder Juan Alcaraz to step down as Allfunds CEO, to be replaced by Annabel Spring

London/Madrid/Amsterdam – Allfunds Group plc (“Allfunds”), one of the world’s leading B2B WealthTech platforms for the fund industry, offering fully integrated solutions for asset managers and wealth managers, and Group CEO and Founder, Juan Alcaraz, announce today that he will leave the business to take on new challenges. Following a distinguished career at Allfunds in which he has led the firm to success and scale, Juan Alcaraz will move into an advisory role for the next twelve months to ensure a smooth leadership transition.

Juan Alcaraz founded Allfunds 25 years ago and has served the company with distinction as CEO, steering its growth and development into a leading global platform for wealth businesses and their end clients. Today, Allfunds has over €1.5tn in AuA, servicing 940 distributors in 66 countries. As CEO and Founder, Juan Alcaraz pioneered the development of the European open architecture fund industry over the span of three decades and built Allfunds from ‘the spark of an idea’ and a small business unit within Banco Santander to a global WealthTech leader.

The entire Board would like to thank Juan Alcaraz for the significant contribution he has made to Allfunds and wishes him well for the future.

David Bennett, Chair of Allfunds, commented: "Juan Alcaraz has led Allfunds with great dedication since its launch through its key milestones, including the IPO in 2021, and has worked ceaselessly to serve the business, our clients and shareholders. We are grateful for his exceptional leadership and entrepreneurial spirit over the years and wish him all the best with his future pursuits.”

Juan Alcaraz said: "It has been an immense privilege to be a part of Allfunds’ growth and to have seen its business and its people thrive over the course of more than two decades, and I have agreed with the Board that now is the right time for the business to transition to new leadership. It has been an honour to work with everyone at Allfunds, especially the members of the Executive Committee and the Board, and I leave the business in very capable hands, strongly positioned for the future and with significant business momentum into 2025 and beyond."

The Board actively manages succession planning and has appointed Annabel Spring as the incoming CEO of Allfunds. Annabel Spring will join Allfunds as CEO in June.

Annabel Spring brings an abundance of experience to Allfunds following a distinguished career in wealth management and banking that spans 30 years and four continents.  She joins Allfunds following six years at HSBC where she was most recently CEO of Global Private Banking and Wealth. Prior to this, she spent almost a decade at the Commonwealth Bank of Australia where she was most recently Group Executive for Wealth Management. Annabel Spring began her career at Morgan Stanley initially in investment banking before moving into Group Strategy where she was Global Head of Firm Strategy and Execution.

Under her leadership, Allfunds will continue to drive innovation and foster strong relationships with clients and asset managers, while leveraging its strong business model to deliver long-term, sustainable growth.

David Bennett said: “The Board is delighted to welcome Annabel Spring as our new CEO. Her extensive experience leading global wealth management businesses, her broad understanding of international banking and her focus on people, technology and client experience makes her the ideal leader for Allfunds’ next phase of growth. Annabel’s deep connections to the global client base and a wide range of asset managers, built over many years, will drive Allfunds’ future growth strategy.”

Annabel Spring said: “Allfunds is an international leader in its field with a strong reputation across the wealth and banking community. The trends supporting the continued growth of global wealth are robust and I believe Allfunds is very well-placed to capture this significant opportunity. I am excited to join Allfunds and be working alongside the Board, the teams at Allfunds and our global partners to ensure we continue to innovate, grow and deliver for our clients and shareholders.”

 

Jun 10, 2025
Corporate

Allfunds appoints Véronique Uzan as Head of France

Allfunds is advancing its WealthTech strategy by building the industry’s largest integrated global B2B platform. Designed to deliver operational efficiency and scalable growth, the platform combines value-added solutions with technological innovation to help asset and wealth managers and distributors thrive in today’s complex investment landscape.

To further this strategic direction, Allfunds has appointed Véronique Uzan as Head of France. A recognised transformation leader in the European asset management industry, Uzan brings a strong track record of leading large-scale operational and digital change that closely aligns to Allfunds' innovation focus.

She will be based in Paris and report to Gianluca Renzini, Chief Commercial Officer for Allfunds.

With extensive experience at Amundi Group, where she held the role of Chief Operating & Transformation Officer of Dealing, Uzan successfully contributed to major M&A integrations including Pioneer, Sabadell, and Lyxor. Her expertise in redesigning operating models and implementing cross-functional transformation initiatives has consistently delivered value to organisations and their end-clients.

Uzan was also instrumental in setting up Alto Platform, launching and commercialising the services that are today branded Amundi Technology. Her unique combination of operational expertise, platform development experience, knowledge of the client journey and digital innovation focus establishes her as an authority in the asset and wealth management sector.

Most recently as Deputy CEO of Montpensier Finance, Uzan had the opportunity to complete her range of expertise with legal, regulatory, operational, and commercial frameworks required to maximise client value at an entrepreneurial asset manager.

Bruno Piffeteau will be transitioning away from his role and will pursue new personal projects. Allfunds thanks Bruno for his dedication, leadership, and collaboration over the years. His contributions have played an important role in strengthening the business in France, and we wish him all the best in this next chapter.

Gianluca Renzini, Chief Commercial Officer for Allfunds said “Veronique’s appointment is a strategic step forward as we continue scaling our platform and expanding our WealthTech leadership. Her deep expertise in transformation, technology, solution mindset and client engagement align perfectly with our ambition to be the trusted digital partner for the industry. France is a key market for us, and Veronique’s leadership will be instrumental in driving growth and delivering more value to our clients.”

Véronique Uzan, New Head of France for Allfunds, added “Allfunds stands out for its commitment to innovation and its focus on anticipating client needs in a fast-changing environment. I’m excited to contribute to this mission by helping deliver solutions that are not only more digital, but also more relevant, scalable, and aligned with what clients truly need and value.”

 

Jun 2, 2025
Financial

Allfunds launches a first tranche of €80m of its €250m share buyback programme

London/Madrid/Amsterdam - Allfunds Group plc ("Allfunds") (TICKER: ALLFG), announces today the start of a €250 million share buyback programme to repurchase its ordinary shares (the "Shares"), to be executed in various tranches in the next 24 months (the "SBB Programme"). The majority of the Shares acquired by Allfunds under the SBB Programme will be cancelled and the remaining repurchased Shares may be used for the purpose of satisfying awards under Allfunds’ employee share plans.

The first tranche of the SBB Programme will commence today 12 May 2025 with a maximum of up to 25,000,000 Shares ("Maximum Shares") and up to a maximum total value of €80 million ("Maximum Consideration"). It is expected that the SBB ends at the earliest of: (a) the date on which the Maximum Shares have been purchased; (b) the date on which the Maximum Consideration has been reached; and (c) 31 December 2025.

This first tranche of the SBB Programme is being carried out pursuant to a buyback contract signed with Morgan Stanley & Co International Plc in the terms approved by the shareholders of Allfunds at its annual general meeting held on 7 May 2025 and under the authority to purchase up to 61,062,225 Shares granted thereby. It will also be carried out in compliance with the requirements set out in article 5 of the Market Abuse Regulation (EU) 596/2014 and Chapter II of Commission Delegated Regulation (EU) 2016/1052 (the "Applicable Regulations").

In accordance with the requirements under the Applicable Regulations, Allfunds will provide weekly updates on the progress of the programme via press release and on the Investor Relations section of Allfunds´ website: https://allfunds.com/es/investors/share/.

May 12, 2025

Allfunds unveils Nextportfolio 4, a new proposition for Wealth Management powered by AI

Madrid / London, April 2, 2025: Allfunds (AMS: ALLFG), the leading end-to-end WealthTech partner for the wealth and asset management industries with more than €1.5 trillion assets under administration across Mutual Funds, Alternative Assets and ETPs, today announces the launch of Nextportfolio 4, the latest version of its flagship portfolio management tool, strengthening Allfunds’ subscription business value proposition.

Nextportfolio is a trusted solution for wealth managers, advisors, and portfolio managers that is already used by 80 financial institutions in 15 countries. With Nextportfolio, users gain a 360º view of their clients’ investments, and benefit from sophisticated digitalised tools to help define the right product offering for their clients and gain oversight of industry trends, which ultimately enables them to drive client activity.

Nextportfolio 4 builds on the modular and flexible nature of the tool, while leveraging  data-driven depth analysis together with the power of AI, to offer timely and personalized insights at the click of a button

This new version includes 4 key innovations:

  • Integrated AI providing comprehensive analysis on portfolio holdings, product offering and market overview among others features designed to improve business efficiencies with an added value service to clients;

  • A “Portfolio Health” engine which automatically reviews investment strategies and portfolios, highlighting deviations from established thresholds aiming to keep portfolios on track. A key feature to scale up business and streamline portfolio management;

  • Intelligent alerts and task management empowering advisors to capture critical insights achieving a timely and proactive wealth assessment;

  • A robust “Central Hub” built up in different layers that allows to configure rules of engagement and workflows based on business needs.

Nextportfolio 4 further supports companies in their efforts to achieve operational efficiency by significantly reducing manual work through automated compliance checks, reporting, and portfolio analysis. This enables managers to focus on strategy execution and decision-making on behalf of their clients.

The latest iteration represents an important innovation in the tool’s capabilities and use-case, while preserving core strengths from previous versions, including the widely-adopted ESG investment capabilities from Nextportfolio 3. Developed with direct client input, Nextportfolio 4 combines AI innovation with industry expertise to address the increasing complexity of wealth management.

Juan de Palacios, Chief Strategy and Product Officer at Allfunds, said: “In today's rapidly evolving wealth management landscape, innovation isn't optional—it's essential. Nextportfolio 4 represents our commitment to transforming complex portfolio challenges into competitive advantages for our clients. By integrating advanced AI capabilities with enhanced customization and automation, we're not just improving efficiency; we're fundamentally changing how wealth managers deliver value to their clients. This release reflects our deep understanding of the industry's evolving needs and our dedication to providing solutions that anticipate tomorrow's challenges while solving today's problems.”

Apr 2, 2025