Allfunds closed the first half of the year achieving a 21.3% year-over-year growth in its assets under administration. According to its financial figures, platform services reached €1.3 trillion, representing a 23% annual increase, supported by net flows of €51.1 billion during the first six months of the year.
“Having completed the review of our business lines, we are now focused on the disciplined execution of our key strategic priorities: accelerating growth in alternative assets and ETFs, and advancing innovation in tokenization. This renewed focus is yielding strong results, with a 21% growth in assets under administration to €1.9 trillion and a 10% increase in revenue for the half-year. This performance demonstrates the continued commitment of our clients and our ability to translate market opportunities into concrete results,” highlighted Annabel Spring, CEO of Allfunds.
Momentum in Alternatives and Commercial Activity
One of the most significant growth areas recorded by the firm during the first six months of the year corresponds to its alternative asset solutions. Assets under administration within this segment expanded by 54.4% year-over-year, reaching €41.4 billion. Furthermore, distribution in alternative products surged 62% compared to the same period last year, while the number of managers hosted on its alternatives platform grew 32.5% annually to reach 253 entities. Specifically, the firm onboarded 46 new distributors and 94 asset managers during the half-year period.
