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 specialised investment teams in the world, and this deal would reinforce its team and value proposition.
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.
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.”