Allfunds provides intermediation and investment services to commercial banks, private banking institutions, fund managers, insurance companies, and fund supermarkets.

Allfunds, a firm that provides intermediation and investment services to banks and other financial players, has named a new team in Singapore, who are moving into new offices to handle expansion.

The firm has appointed Oliver Stewart-Malir, joining as Asian chief operating officer; Vinita Badlani, who is head of the funds group for Asia, and Edwin Tan, serving as new head for client services in Asia. The trio will be based in Singapore. Tan and Stewart-Malir report to Alexis Fosler, regional manager for Asia at Allfunds, and Badlani reports to Borja Largo, global head of funds groups at the company.

Allfunds Bank Group, which was set up in 2000 to offer fund solutions (operational, analysis and information), is now administering more than €370 billion of assets; it also offers more than 64,400 funds from over 1,200 fund managers.

Stewart-Malir previously spent 13 years at Goldman Sachs, based in Singapore, Tokyo, New York and London. During his time at the US firm he held leadership roles including Asia-Pacific head of liquidity and collateral operations as well as head of Asia for derivative projects.

Badlani was previously a senior figure at Navigator, an investment platform managed by Aviva and, before that, Badlani worked at Citibank and co-founded and managed RDJ Investment Group.

Tan brings 16 years of financial services experience, including client relationship and fund services roles, and will join from Citco Fund Services. Prior to that, Tan worked at State Street Bank and Trust and UBS.

As part of the growth strategy, the Allfunds Singapore Branch moved to a new office space in Six Battery Road building on 6 Battery Road.