All Funds Bank, the fund distribution platform from Spain that is expanding internationally, has hired Chris Edge from JP Morgan to head its Luxembourg business.
Edge was Luxembourg managing director for JP Morgan and had been with the firm for 20 years, including roles in the UK and South Africa. He left the bank for a time to pursue entrepreneurial activity before returning.
Once referred to as a “Club Med” platform because of its focus on Spain and other southern Europe countries, All Funds has been expanding internationally in recent years, including into Switzerland, the UK and the Middle East.
The business-to-business platform is owned by Spain’s Santander and Italy’s Intesa Sanpaolo banking groups and has €121 billion of assets under administration.
Edge says: “I am really excited to have this opportunity to build upon my long career in European investment funds and apply that experience in a major fund distribution business.”
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