Saxo UK and Moneyfarm team up for mutual fund portfolios on M&G Wealth &me app

Rick Steves

“We were delighted to support Moneyfarm in the launch of their exciting new B2B2C proposition, delivering mutual fund portfolios to M&G Wealth &me customers.”

Saxo UK has partnered with digital wealth manager, Moneyfarm, to launch mutual fund portfolios for M&G Wealth &me customers.

The provider of multi-asset trading and investment services is also the custodian bank for Moneyfarm and responsible for over £69 billion in client assets on behalf of over 876,000 clients worldwide.

Moneyfarm provides access to actively managed funds from some of the world’s finest investment managers, including Federated Hermes, First Sentier, iShares, M&G, Manulife, Pictet, PIMCO, Robeco, and Wellington, investing in equities, bonds, and alternatives.

Saxo UK sees the new offering for Moneyfarm as a significant development for the wealth manager and the differentiated types of portfolios it can offer.

Saxo focuses on ‘win, win’ outcomes

Christine Kiener, Head of Institutional Sales at Saxo UK, commented: “Over the past eight years, we’ve built a strong and successful partnership with Moneyfarm and we’ve had the pleasure of participating in their growth journey. We were delighted to support Moneyfarm in the launch of their exciting new B2B2C proposition, delivering mutual fund portfolios to M&G Wealth &me customers. Saxo’s focus on ‘win, win’ outcomes ensures that our interests are aligned with our partners and we are committed to delivering for their most critical projects, as quickly as possible.”

Giovanni Dapra, CEO at Moneyfarm, said: “Saxo’s determination and drive to democratise investing rings true with Moneyfarm’s core principle that personal investing should be simple, transparent and accessible. Our ongoing and successful partnership with Saxo combines the scale and experience of an established player with the nimble and innovative nature of a digital fintech business. We were excited to once again partner with Saxo on this project to offer mutual fund portfolios and were delighted by the speed and efficiency of delivery.”

The new mutual fund portfolio offering will allow Saxo to be even more present for the wealth management industry in the UK. Saxo continues to welcome and explore partnerships and white labelling opportunities across the UK.

Saxo UK’s OpenAPI provides an alternative to developing and maintaining a proprietary global capital markets engine. The OpenAPI technology allows Saxo UK to partner with leading financial services firms and platforms, supported by the sharpest prices and the best range of products, technology, and services specifically tailored to the partners’ or clients’ needs – both front-end and back-end solutions.

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