Geneva-based investment firm Quaero Capital has reached an agreement with Allfunds Bank through which its funds will be available on Allfunds’ platform.
Quaero Capital’s range of Sicav sub-funds will be made immediately available, where its funds are registered, to fund selectors in Italy and Spain, as well as in Switzerland and France.
The Swiss company will also benefit from Allfunds’ presence in over 40 countries.
Amancio Perez will be overlooking Quaero Capital’s business development in the Iberia region.
He will also work on expanding the distribution of Quaero Capital’s fund range Capital into Latin America through global third-party marketers while Allfunds remains well established in LatAm markets.
Quaero Capital’s global head of Business Development, Thierry Callault, said: “These new arrangements with Allfunds Bank represent a significant step in the development of our global business as it will enable fund selectors to more readily adopt our range of high conviction actively managed funds.
“The move will also stimulate our interest in regions such as Latin America where Amancio has significant funds industry experience and where we believe there is an appetite for long term Alpha generation – and so an interest in Quaero Capital funds.”
Perez commented: “While cookie cutter products represent the main portion of the mass market, there is a strong appetite among the most sophisticated investors in both Italy and Spain for more innovative and distinctive strategies, such as those offered by Quaero Capital.”
Quaero Capital was established in 2005.