Deutsche Börse Group has acquired Allfunds, a leading global dealing and distribution platform in the wealth management industry, for $6.2 billion. This strategic acquisition sees Deutsche Börse Group expand its footprint significantly into the fund distribution sector. Allfunds is distinguished by its buy-free model and extensive distribution network, connecting over 1,400 fund partners with more than 900 distributors across 66 countries. As of 30 September 2025, Allfunds reported assets under administration (AuA) at a historic high of €1.7 trillion, demonstrating its robust growth trajectory.
The acquisition is set to create substantial synergies by combining Deutsche Börse Group's established position as a financial market infrastructure provider with Allfunds' comprehensive suite of products, including mutual funds, ETFs, and alternatives, delivered on a scalable technology platform. Allfunds' global presence, with 17 offices in major financial hubs across four continents and over 1,000 employees, provides Deutsche Börse Group with immediate access to a broad international client base and deep market expertise in wealth management.
This move is strategically important for Deutsche Börse Group, enabling it to diversify its offerings and strengthen its value chain in the investment fund industry. The integration of Allfunds' platform is expected to enhance Deutsche Börse Group's capabilities, providing a more holistic service to its clients and expanding its reach into new segments of the financial market. The combined entity aims to leverage technological innovation and global execution capabilities to deliver enhanced value.
Looking ahead, the unified operation is poised to become a more comprehensive and influential player in the global financial services landscape. By integrating Allfunds' distribution power and product breadth with Deutsche Börse Group's market infrastructure, the combined entity is well-positioned for continued growth and to meet the evolving demands of the investment community worldwide.

