Allfunds appoints CIO
Allfunds, the world's leading WealthTech and fund distribution provider, has announced that it has strengthened its investment team by appointing Stéphane Corsaletti as Chief Investment Officer.
Over the last year, Allfunds has invested in enhancing its robust investment solutions offering with the inclusion of ifunds from fundinfo and creating a new digital investment solutions function. Already an industry leader in investment solutions, the team has nearly 30 experts around the globe who offer local support and proficiency in understanding their client´s investment requirements, according to a press release by the firm.
The team is responsible for proprietary and independent research as well as guiding more than 200+ institutional and wholesale clients through their fund selection process.
Corsaletti’s wealth of expertise will help to enhance these functions as well as develop new offerings for the more than 1,655 fund houses and more than 685 institutional clients that currently collaborate with Allfunds.
Additionally, Allfunds continues to innovate its investment offering though its digital investment solutions and Allfunds Connect. Inside the digital eco-system of Connect, clients have access to a universe of over 125,000 funds which is easily navigated with the knowledge and research of Allfunds’ investment solutions, research and consulting teams. Recently, Allfunds launched its Digital Selector Tool and Insights List to support clients in their fund selection process.
As CIO, Corsaletti will lead the team of investment professionals from Luxembourg. He will also form part of the Executive Committee, reporting directly to Juan Alcaraz, CEO of Allfunds. Among his responsibilities as the new CIO of the WealthTech platform, he will identify and implement opportunities that will contribute to the growth of Allfunds' investment solutions capabilities. With the addition of Corsaletti, Allfunds will accelerate its plans to launch new projects to enhance its offerings to clients in the coming months.
Juan Alcaraz, CEO, Allfunds, said “We are delighted to welcome Stéphane to Allfunds. He brings with him an incredible background and is well suited to help us reinforce our prominent investment solutions capabilities. With our team of highly qualified experts, we are committed to ensuring our clients have the best resources available. This includes Allfunds Connect which offers clients access to innovative tools to aid the fund selection process. I am certain Stéphane will be a valuable addition in driving forward our ambitious plans.”
Before joining Allfunds, Corsaletti was founder and Vice-Chairman of ABN AMRO Investment Solutions (AAIS), a pioneering European multi-manager and sub-advisory platform. From 1998 to 2019, he was the CEO of AAIS and a Managing Director of ABN AMRO from 2007 onwards. He holds master’s degrees in Economics and Business Administration, as well as a post-graduate diploma in Banking and Finance from La Sorbonne.