Allfunds, Europe´s largest fund platform, has entered into an agreement with fundinfo AG, to acquire its fund research business. As part of this strategic partnership, Allfunds will also strengthen its data management by sourcing additional dynamic and regulatory fund data from fundinfo.
This transaction is part of the Allfunds’ strategic plan to consolidate its position as a leading fund research provider for institutional investors. As of today, Allfunds has one of the largest and most specialized investment teams in the world, and this deal would reinforce its team and value proposition.
fundinfo AG was created out of ifund services AG in 2005, which originally carried out all fund research activities. For more than a decade the two companies worked together closely and successfully as independent legal entities. fundinfo AG and its current shareholders (including the private equity investor Hg) have defined an ambitious international growth plan after its merger with FE, a leading provider of investment data, software tools and performance analysis to financial advisers, asset managers and institutions.
A team of professionals at the forefront of fund research
The experienced investment team to be transferred will join Allfunds’ Zurich hub, with the aim to continue with the current business and work to contribute to reinforce and upgrade Allfunds’ investment service proposition. Existing clients will benefit from day 1 from an upgraded and enhanced service. In addition to the Zurich research hub, Allfunds also has robust investment research hubs in London and Madrid.
About Allfunds Investment Capabilities
Allfunds has established itself as the leading and most customer-friendly B2B fund platform in Europe, providing banks and insurance companies with efficient access to the international fund universe. Allfunds offers its clients a comprehensive range of services all around the investment fund business and qualitative fund research is a strategic pillar in its offering. With 26 investment specialists Allfunds already has one of the largest fund research teams in Europe providing its clients with bespoke solutions in this area. The acquisition of fundinfo’s Zurich-based research business will further strengthen its fund research service offering.
About fundinfo’s data capabilities
Fundinfo is a international provider for managing and disseminating fund information with an extensive network of fund distributors such as global banks, IFAs and fund platforms. In addition to Allfunds’ acquisition of fundinfo’s Zurich-based research team, Allfunds will also source dynamic fund data and information from fundinfo.
Philipp Portmann, one of fundinfo’s co-founders, explained the latest move:
“We firmly believe that in Allfunds we have found an excellent solution for our fund research clients and our analyst team, and as we continue to grow in the fund information sector globally, with a strong focus on data, this transaction is a move that makes strategic sense. At the same time, we are looking forward to expanding our already successful and long-standing fund data relationship with Allfunds.”
Juan Alcaraz, CEO of Allfunds explains:
“The analyst team at fundinfo has an outstanding reputation in the industry. By acquiring a well-established research team, we will be able to expand our customised fund selection services. We have been working successfully with fundinfo in the procurement and processing of fund documents for some time now, and highly value this strategically important cooperation. Using fundinfo not just as a source of fund documents but also for a wide set of fund data is the next logical step.”
Allfunds Group is one of the world´s leading wealthtech companies with a service offering which includes big data & analytics, portfolio & reporting tools, research, and regulatory services. Created in 2000, today Allfunds has more than €380 billion assets under administration and offers more than 78,000 funds from over 1,485 fund houses. Allfunds Group has a local presence in Luxembourg, Switzerland, United Kingdom, Spain, Italy, United Arab Emirates, Singapore, Chile, Colombia and Brazil and has 625 institutional clients, including major commercial banks, private banks, insurance companies, fund managers, international brokers, and specialist firms from 45 different countries.
Fundinfo is a leading international platform for information and mandatory publications of investment funds. The platform www.fundinfo.com strengthens the network between fund houses, fund distributors and investors, and is recognised by financial market supervisory authorities for mandatory publications. The service is available in Europe and Asia and covers thousands of funds from the world’s largest fund houses. With millions of fund documents, data, prices and ratings available on demand, the platform is a unique source of information for the fund industry. Founded in 2005 and headquartered in Zurich, Switzerland, fundinfo has offices in Berlin, Frankfurt, Hong Kong, London, Madrid, Milan, Paris and Singapore. Following investment by HG, fundinfo announced its merger with FE (financialexpress.net) and F2C in 2018, creating a new, international player in the fund data market with more than 600 employees.
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