Global sustainable funds saw inflows of USD45.7 billion, while the broader fund universe had an outflow of USD384.7 billion. With growing demand for more diversified products from both individual investors and wealth managers, this partnership will also give clients access to a wider range of portfolio solutions, including a sustainability-first approach to investing that is growing in momentum.Īccording to Morningstar, sustainability-focused funds attracted a record amount of capital in the first quarter of this year, even as the pandemic rattled worldwide markets. Maybank Kim Eng is a leader in their sector and we are looking forward to working together to provide their clients with the most comprehensive set of solutions in the market.” Whether our clients are retail investors, family offices, wealth managers or hedge funds, we aim to play an important role in connecting our clients to new opportunities by supporting their long-term business objectives and investment goals.”ĭavid Pérez de Albéniz, Head of Asia for Allfunds, says: “We are very pleased to have been selected by Maybank Kim Eng as a global provider, simplifying their access to a vast universe of mutual funds. Maybank Kim Eng always strives to continuously improve the client experience by providing our clients with tailored global multi- asset solutions. Allfunds has over 1,000 fund houses and EUR1.3 trillion in assets under administration.Īditya Laroia, MKES’ Head of Investment Management, says, “We are delighted to embark on this partnership with Allfunds as a timely portfolio diversification tool for our clients – providing them with access to an extensive fund distribution network, leading digital ecosystem and a full suite of servicing capabilities. Allfunds has the world’s largest fund distribution platform, including those offered by our own Maybank Asset Management. This partnership allows MKES to leverage on Allfunds’ extensive fund distribution network and digital footprint in offering its clients access to more than 100,000 funds globally. This is part of the firm’s overall strategic initiative to expand the range of products and services to its clients and serve as a single solution to all wealth management needs.

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