Allfunds and Janus Henderson Expand Partnership to Deliver Active ETFs Globally

Allfunds has integrated Janus Henderson’s exchange-traded fund (ETF) suite into its global distribution network, expanding a long-term partnership previously focused on mutual funds. For wealth managers, this consolidation of active fixed income and equity ETFs into a single operating environment reflects the industry-wide push toward multi-asset platform efficiency and simplified portfolio construction.

What was announced

Janus Henderson is making its full range of active ETFs available to wealth managers via the Allfunds platform. This move builds on the existing availability of Janus Henderson’s mutual funds, allowing users to access both product types through a single interface. The offering includes the firm’s active fixed income strategies and equity ETFs, including their securitised products and differentiated equity strategies.

The integration is designed to meet rising client demand for diversified portfolio construction within a unified environment. By bringing these instruments onto the Allfunds platform, wealth managers can manage funds, ETFs, and alternative investments without switching between disparate systems. This expansion follows a significant technical upgrade to Allfunds’ ETF infrastructure earlier this year. The company recently enhanced its capabilities by establishing connectivity to 13 different liquidity providers, providing its users with streamlined access to more than 13,000 listed products globally. The collaboration aims to leverage Allfunds’ extensive distribution reach to connect Janus Henderson’s investment capabilities with a broader international audience of wealth management professionals.

"Our range spans our pioneering securitised ETFs through to differentiated equity strategies, reflecting our focus on bringing innovative investment solutions to clients across a range of investment vehicles. Through Allfunds’ global distribution network, we can make these strategies available to an even broader range of wealth managers and their clients around the world."

Ignacio De La Maza, Head of EMEA & LatAm Client group at Janus Henderson.

The companies involved

Allfunds is a prominent global wealth management platform that operates as a business-to-business intermediary in the fund industry. The firm provides a comprehensive suite of services including execution, custody, and distribution for a vast array of investment products. Headquartered in Madrid and listed on Euronext Amsterdam, Allfunds has established itself as a critical piece of market infrastructure for wealth managers, connecting them with fund houses across the globe.

Janus Henderson is a leading global active asset manager. The firm was formed through the 2017 merger of US-based Janus Capital Group and UK-based Henderson Global Investors. It manages a diverse range of investment products across various asset classes, including equities, fixed income, quantitative equities, multi-asset, and alternative strategies. The company focuses on delivering active management solutions to institutional, retail, and high-net-worth investors worldwide. By partnering with platforms like Allfunds, Janus Henderson extends its reach into the EMEA and Latin American markets, where its client group is particularly active in seeking diversified investment vehicles like ETFs.

What FF News has reported before

Allfunds has been active in expanding its technological and geographical footprint recently. FF News reported on the firm's collaboration with Nomo to launch a digital Sharia-compliant investment platform for clients in the GCC region. The company also made strides in settlement efficiency, partnering with HSBC to launch T+0 same-day settlement for money market funds in Hong Kong. Furthermore, Allfunds has focused heavily on its ETF distribution capabilities, as seen in its recent agreement with DWS to expand global distribution via the Xtrackers platform. These moves underscore a broader strategy of enhancing liquidity and product variety for its global user base.

What this means

This move signals the continuing erosion of the "siloed" approach to asset management distribution. As wealth managers face increasing pressure to lower costs and improve operational speed, the demand for "one-stop-shop" platforms that house mutual funds, ETFs, and alternatives is becoming a market standard rather than a luxury. For the wider industry, this puts pressure on smaller, niche distributors that cannot offer the same breadth of liquidity or product variety. The focus on active ETFs specifically highlights a shift in the market where investors are looking for the tax and cost efficiencies of the ETF vehicle without sacrificing the potential alpha of active management.