“Our partnership with Allfunds is an important step in our efforts to strengthen and simplify our business and enhance our client and banker experience,” said Daniel O’Donnell, head of alternatives and investment manager solutions.

Citi Wealth said it is targeting the launch of these services for Citi Private Bank in EMEA later this year, with additional regions expected to benefit from Allfunds’ capabilities in 2026 and 2027. This partnership is part of Citi Wealth’s efforts to deliver an investment offering for clients across regions and segments.

Allfunds is a wealthtech partner for the wealth and asset management industries, with more than €1.5 trillion ($1.77 trillion) assets under administration across mutual funds and alternative assets.