The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Allfunds, Waystone

Allfunds, an international wealth management platform, has partnered with Waystone, a global provider of governance, administration, risk and compliance services for asset managers.

As part of the pact, Allfunds’ management company (ManCo) vehicles will switch to Waystone.

Waystone oversees more than $450 billion in assets and employs 1,800 professionals. Among its services, the firm provides white-label exchange-traded funds platform solutions across Ireland and Luxembourg.

Under the terms of the agreement, the management activities of the existing Allfunds Manco for the different Luxembourg and Ireland-based investment vehicles will transition to Waystone, subject to regulatory approvals.

Thornburg, Boden Capital

Thornburg Investment Management, which oversees $57 billion in client assets, has partnered with Boden Capital to expand its presence among institutional investors across the Nordic region.

The pact gives Nordic region investors access to Thornburg’s UCITS fund range, including the Global Opportunities Fund and the Equity Income Builder Fund, as well as additional actively managed global equity and fixed income strategies.

“Partnering with Boden Capital represents an important step in our international expansion,” Jonathan Schuman, head of international at Thornburg, said. “Nordic investors are highly discerning and place a strong emphasis on rigorous research, transparency, and long-term outcomes. Boden Capital’s deep regional expertise, strong institutional relationships, and focused capital-introduction model make them an ideal partner as we broaden access to Thornburg’s differentiated investment capabilities.”

Thornburg says it is an active, high-conviction manager of equities, fixed income, multi-asset and alternative solutions. Founded in 1982, the firm is headquartered in Santa Fe, New Mexico and has offices in Hong Kong and London. 

Brown Advisory 

Brown Advisory has launched a new investment capability, led by Nick Kirrage, who joined the firm in October 2025 as partner and portfolio manager, having previously been head of global value for Schroders.

The new investment proposition comprises two strategies: 

Global Value Select (global opportunity set); and International Value Select (same process, excluding the US). 

A Global Value Select UCITS fund will follow in the coming weeks, Brown Advisory said in a statement.

Kirrage argues that the opportunity set for disciplined value investors is unusually broad today: global markets show a wide gap between the most expensive and cheapest stocks after years of narrow leadership, while many attractively valued companies now generate strong cash flows and return capital, “paying us to wait” and potentially lowering risk.