Allfunds has partnered with the investment management business of Rathbones Group and Investec Wealth & Investment to become their exclusive funds dealing and distribution provider.
Rathbones first partnered with Allfunds in 2023 with the use of the platform for Rathbones Investment Management International.
The partnership gives Rathbones the ability to deal and trade products through a single portal, streamlining the service for the firm’s clients.
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Allfunds has a universe of over 140,000 funds and has €1.4trn in assets under administration.
Tom Wooders, regional head, UK and Ireland at Allfunds, said: “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.”
This story was written by our sister title, Portfolio Adviser
