Allfunds to add ETFs as Mifid II looms

Added 16th May 2017

Allfunds Bank is adding exchange-traded funds (ETFs) to its investment platform in recognition of wealth management evolution following Mifid II.

Allfunds to add ETFs as Mifid II looms

The platform's new ETF service will allow its 530 wealth manager clients initial access to products from iShares, Lyxor, Source and Deutsche Xtrackers using a single point of access and standardised processing and transaction capability.

Allfunds will be supplementing existing fund service proposition with ETF-focused services relating to execution, reporting, information and research.

As well as multi-broker access, multi-custodian links and connectivity via equity standards, Allfunds will open up retail access to ETFs by introducing fractional dealing - a complex regime which facilitates smaller investment amounts.

Allfunds believes the move will encourage greater ETF uptake by retail investors while agreeing to offer enhanced services to aid distribution, such as sophisticated management information, educational programmes and reporting services, bringing the standards applied to ETF providers in line with active fund management houses.

With the drive for open architecture in mind, Juan Alcaraz, CEO at Allfunds Bank, said: “Buying an ETF in the stock market is one thing, incorporating ETFs in the wealth management industry’s current distribution framework is a completely different matter.

“We therefore believe that our ETF service position is unique and brings a new dimension to ETF distribution both for wealth managers and their retail investors.”

Allfunds has more than €280bn in assets under administration and offers nearly 52,000 funds from 540 fund managers.

Kames Income Hub


Vincent McEntegart, manager of the Kames Diversified Monthly Income Fund, explains how he aims to deliver a stable and sustainable income of 5% p.a.*, paid monthly, by investing in a range of asset classes

Square Mile Research

Premier Multi Asset Global Growth - Alex Farlow
Premier Multi Asset Global...

Talking Factsheets is a video service for users...

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address



Investment Strategy




PA Dublin October 2017
PA Dublin October 2017

Tuesday 10 October
Westbury Hotel, Dublin

PA US 2017
PA US 2017

Tuesday 17 October
Furniture Makers' Hall

PA Channel Islands November 2017
PA Channel Islands November 2017

Tuesday 14 November
Royal Yacht Hotel, Jersey

PA Alternative Ucits November 2017
PA Alternative Ucits November 2017

Tuesday 7 November 
Furniture Makers' Hall

Sponsored Content