Madrid / London, 8 October 2024 – Allfunds, a leading B2B WealthTech platform for the funds industry offering fully integrated solutions for both Fund Houses and Distributors, today announces the appointment of Patrick Mattar as Global Head of Exchange-Traded Products (‘ETP’) distribution.

Allfunds recently confirmed its intention to launch an ETP platform in 2025, an expansion that will complement Allfunds’ existing offerings in traditional and alternative funds and which will establish a comprehensive three-pillar platform with a full spectrum of exchange-traded products under one integrated solution.

In his new role, Patrick will be responsible for leading the development and launch of the ETP platform, steering this segment strategy, and ensuring seamless integration with Allfunds’ existing suite of services. His focus will be on driving innovation, enhancing client experience, and ensuring the platform’s long-term success in a rapidly evolving financial landscape.  

Patrick brings extensive experience to the role, having held senior leadership positions at leading organisations in the financial services industry. Before joining Allfunds he was Global Head of ETFs at Aberdeen Standard Investments (now Abrdn), and prior to that, Managing Director at iShares, BlackRock, where he spent nearly a decade helping develop the growth of ETFs use via new products and investor uses.  

Patrick holds a Masters in Economics from the University of St Andrews and was a Scholar at the University of Pennsylvania. Additionally, he earned a Master of Science degree from the University of Stirling and attended Trinity College, Dublin.  

Patrick Mattar commented: “I am thrilled to join Allfunds and lead this exciting project. The opportunity to develop a comprehensive ETP platform is incredibly exciting, and I look forward to working with the talented team at Allfunds to deliver innovative solutions that meet the evolving needs of our clients."

Juan de Palacios, Chief Strategy and Product Officer at Allfunds, said:  "We are delighted to welcome Patrick to Allfunds. His expertise and leadership in the ETP and ETF sectors will be instrumental in the next phase of our growth, and we are confident that with his direction, our new platform will deliver significant value both to the ETP ecosystem and our clients."

· Allfunds to act as exclusive provider of funds dealing and distribution services to Rathbones Group Plc

· Latest evolution of the partnership will integrate the combined investment management business of Rathbones Group and Investec Wealth & Investment (UK)

·  Partnership reinforces the role Allfunds plays in the UK wealth management market as a partner for growth

Madrid / London, 10 September 2024 – Allfunds, a leading B2B WealthTech platform for the funds industry, is pleased to announce its partnership with Rathbones, a leading provider of individual wealth management and related services to private clients, advisors, charities, trustees and professional partners.

The partnership gives Rathbones the ability to deal and trade products through a single portal, streamlining and improving the service for Rathbones’ clients.  It was initiated in 2023, with Rathbones’ international subsidiary using Allfunds for funds dealing and distribution and benefitting from access to Allfunds’ universe of over 140,000 funds.

Building on the success of the initial migration to the Allfunds platform for Rathbones Investment Management International, the partnership has now evolved to also encompass the combined investment management business of Rathbones Group and Investec Wealth & Investment (UK) across both their international and UK-domestic investments.

Tom Wooders, Regional Head, UK and Ireland at Allfunds commented: “We are delighted to act as a strategic partner to Rathbones. As a result of transformative shifts within the wealth management industry, it is crucial that companies have access to tools and solutions that enable a better and more efficient service for clients. We look forward to continuing our programme of close collaboration in the coming months.”

The partnership has contributed to Allfunds’ recent strong performance in the UK – a critical market for the global business – and has helped drive the company’s assets under administration (AuA), which surpassed €100 billion in April 2024.