The funds platform, which is backed by Spain's Grupo Santander and Italy’s Intesa Sanpaolo Group, offers 16,000 funds as well as providing web-based monitoring tools, such as fund reports, portfolio look-through, and performance reports.

The service will provide investors with Ashburton’s full fund range from across its operations in the UK, Spain, Italy, Portugal and Latin America.

“Through applying an active, unconstrained methodology, Ashburton’s investment teams are given the freedom to adapt easily to market conditions…They invest in a diversified portfolio of selected equities, which aims to maximise capital growth in each fund’s base currency. The Allfunds platform will make investing simple and efficient for professional investors,” said Gavin Fraser, global sales director at Ashburton.