Schwyzer selects Allfunds distribution platform

Mutual_fundsThe Swiss bank Schwyzer Kantonalbank has selected Allfunds as its fund platform partner and its provider to access third party mutual funds.

The bank has signed an agreement with Spanish fund distribution platform Allfunds for fund selection and the automated processing of third-party fund business.

Stig Harby, regional manager Central and Northern Europe at Allfunds, said, “The Swiss market is very important to Allfunds and I am very proud to announce the partnership with Schwyzer Kantonalbank.

“We have a comprehensive and highly specialized offering that helps banks in Switzerland to implement their investment strategies.”

Created in 2000, Allfunds Bank Group has more than €370 billion of assets under administration and offers close to 64,400 funds from 1,200 fund managers.

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