Stéphane Corsaletti is the new Chief Investment Officer of fund distribution platform Allfunds. The Frenchman will lead Allfunds’ recently formed digital investment solutions platform from its Luxembourg office.
Corsaletti will be part of the executive committee, reporting directly to CEO Juan Alcaraz. Launched in 2000, Allfunds is one of the world’s largest fund distributors. It offers clients access to a universe of over 125,000 funds through Allfunds Connect.
The team Corsaletti will lead is responsible for proprietary and independent research as well as guiding institutional and wholesale clients through their fund selection process. Recently Allfunds launched a Digital Selector Tool to support clients in their fund selection process. Corsaletti is supposed to take charge of increasing its functions as well as developing new offerings for its clients.
In October last year, Corsaletti announced he was stepping back from his previous role as CEO of ABN AMRO Investment Solutions (AAIS), a pioneering European multi-manager and sub-advisory platform. Supposedly, Corsaletti was not happy AAIS remained almost exclusively focused on selecting investment solutions just for ABN AMRO, a Dutch bank. According to French media reports last year, Corsaletti wanted AAIS to work as an open platform catering a range of different clients. It now looks like the Frenchman will at last realise this dream, at Allfunds.