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Allfunds Boosts UK Presence
Sandra Kilhof
7 October 2013
The major European fund platform provider has
appointed Bradley Lewis to lead its UK commercial activities, as the
firm expands its regional footprint. Lewis’ hire as head of sales and relationship management UK and Ireland
follows the appointment of Stephen Mohan in May this year, who joined Allfunds
to head up the firm’s UK and
Ireland office in London. The move is part of the firm’s expansion plans, which will
include more hires in the coming months as Allfunds looks to take on the UK
market, the firm told Wealthbriefing
exclusively. Without revealing further details, the firm confirmed that it is
investing heavily in its London
unit as it looks to add real long term value. “Bradley’s appointment is an important development in the
strengthening of our UK
team. I worked very closely with Bradley in the past and value his capabilities
which will be central to the development of our business in London,” added Stephen Mohan. Prior to Allfunds, Lewis served with CrestCo and Euroclear
where he became a sales and relationship manager and chaired the Euroclear UK
Retail Market Liaison Group. He also worked with Stephen Mohan at Cofunds. Allfunds Bank is Europe’s
largest business to business fund platform with more than €100 billion ($136.1 billion) of assets
under administration. In the UK
the firm offers fund servicing to institutional firms and will continue to
develop its multi-currency service proposition in the institutional market. Allfunds
Bank has recently implemented a new
business model of RDR compliant solutions and currently administers £10 billion ($16.1 billion)
of assets across 20 UK
clients.