Marta Oñoro Carrascal – GC Powerlist
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Iberia 2016

Financials

Marta Oñoro Carrascal

Global head of legal | Allfunds Bank

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Iberia 2016

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Marta Oñoro Carrascal

Global head of legal | Allfunds Bank

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Heading the international expansion of Allfunds Bank from a legal perspective, Marta Oñoro Carrascal is a respected voice in a niche industry. Allfunds Bank is Europe’s biggest institutional fund platform, giving more than 470 fund managers (mainly of UCITS) access to more than 480 institutional clients in 33 countries. When she first joined Allfunds Bank in 2007, the company had €40bn of assets and presence in only three countries. Today the company has more than €200bn and it is present in eight countries. ‘I can proudly say that Allfunds is a history of success, offering a unique model within the fund industry with a young and enthusiastic team’ she comments. Marta led the work for the opening of Allfunds’ offices in Chile, Luxembourg, UAE, Switzerland and Colombia and she is currently supervising the procedures for the opening of the new offices in Brazil and Singapore. ‘I have been very much involved in the definition of the legal framework of all the new services and how these are to be rendered in the 33 different countries where we have clients, in the international expansion of the company and in building a legal team of 12 people in four different offices’. She concedes that adapting the company’s operational model and services to the local needs and regulations can be very challenging, but so far she has succeeded in overcoming those challenges.

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