Allfunds adds the first funds to its Middle East entity. The strategies, developed in collaboration with Schroders, are designed to enable the seamless distribution of the asset manager’s UCITS funds across jurisdictions, while maintaining regulatory alignment.
“Allfunds is honored to have Schroders as the first partner of its ManCo in the Middle East, reinforcing the longstanding and fruitful relationship between both institutions. This milestone represents our commitment to the region, as well as providing comprehensive fund distribution solutions in the world’s major markets, and demonstrates our ability to navigate complex regulatory environments while delivering value to our clients,” said Yunus Selant, head of MENA at Allfunds.
For his part, Joe Tennant, senior executive director at Schroders, added: “We are very proud to partner with Allfunds to offer three active management solutions in multi-asset, credit, and equities to retail investors in the United Arab Emirates. With over 15 years of presence in the region, this step represents a further commitment to our clients, as we aim to continue contributing to the growth of financial services in the area, placing our clients at the center of everything we do.”
As explained, Allfunds (Middle East) Limited, based in the Dubai International Financial Centre, offers a tailored framework for accessing Middle Eastern markets. Its local presence and regulatory expertise enable fund managers like Schroders to efficiently and compliantly serve onshore retail clients in the UAE. Through this entity, with management companies now operating in both Luxembourg and Dubai, Allfunds provides asset managers with a scalable and compliant platform for global fund distribution, combining local expertise with a unified infrastructure.
