Allfunds Group plc

10/08/2024 | Press release | Distributed by Public on 10/07/2024 23:33

Allfunds names Patrick Mattar as Global Head of ETP distribution

Madrid / London, 8 October 2024- Allfunds, a leading B2B WealthTech platform for the funds industry offering fully integrated solutions for both Fund Houses and Distributors, today announces the appointment of Patrick Mattar as Global Head of Exchange-Traded Products ('ETP') distribution.

Allfunds recently confirmed its intention to launch an ETP platform in 2025, an expansion that will complement Allfunds' existing offerings in traditional and alternative funds and which will establish a comprehensive three-pillar platform with a full spectrum of exchange-traded products under one integrated solution.

In his new role, Patrick will be responsible for leading the development and launch of the ETP platform, steering this segment strategy, and ensuring seamless integration with Allfunds' existing suite of services. His focus will be on driving innovation, enhancing client experience, and ensuring the platform's long-term success in a rapidly evolving financial landscape.

Patrick brings extensive experience to the role, having held senior leadership positions at leading organisations in the financial services industry. Before joining Allfunds he was Global Head of ETFs at Aberdeen Standard Investments (now Abrdn), and prior to that, Managing Director at iShares, BlackRock, where he spent nearly a decade helping develop the growth of ETFs use via new products and investor uses.

Patrick holds a Masters in Economics from the University of St Andrews and was a Scholar at the University of Pennsylvania. Additionally, he earned a Master of Science degree from the University of Stirling and attended Trinity College, Dublin.

Patrick Mattarcommented: "I am thrilled to join Allfunds and lead this exciting project. The opportunity to develop a comprehensive ETP platform is incredibly exciting, and I look forward to working with the talented team at Allfunds to deliver innovative solutions that meet the evolving needs of our clients."

Juan de Palacios, Chief Strategy and Product Officer at Allfunds, said: "We are delighted to welcome Patrick to Allfunds. His expertise and leadership in the ETP and ETF sectors will be instrumental in the next phase of our growth, and we are confident that with his direction, our new platform will deliver significant value both to the ETP ecosystem and our clients."