Allfunds and DWS Partner to Expand Global ETF Distribution via Xtrackers Platform
By Ali Paterson · 10 September 2026
In brief: Allfunds has partnered with DWS to integrate the full Xtrackers ETF range into its platform, providing 950+ distributors access to €348.3B in assets for cost-efficient portfolio construction.
| Xtrackers AUM | €348.3 billion |
|---|---|
| Allfunds AUA | €1.9 trillion |
| Distributor Network | 950+ clients |
| ETF Catalog | 13,000+ products |
| Liquidity Providers | 13 providers |

Quick Summary
Allfunds has entered a strategic collaboration with DWS to integrate the full Xtrackers ETF range into its wealth management platform. This partnership streamlines ETF distribution for over 950 distributors, providing seamless access to €348.3 billion in assets to support the growing demand for diversified, cost-efficient portfolio construction.
How Does Allfunds Optimize ETF Distribution for Wealth Managers?
Allfunds provides a unified investment environment that brings together mutual funds, ETFs, and alternative assets. By integrating the Xtrackers range, Allfunds enables wealth managers to access Europe's largest offerings through a single technological interface. The platform's request-for-quote model connects users to 13 liquidity providers, ensuring best-in-class pricing and execution for more than 13,000 ETFs. This infrastructure is designed to reduce operational friction by aligning data and reporting across different asset classes, allowing distributors to focus on client outcomes rather than manual administrative tasks.
What Value Does the Xtrackers Integration Bring to the Platform?
The addition of Xtrackers introduces a massive institutional-grade product suite to the Allfunds ecosystem. With over €348.3 billion AUM, Xtrackers is a cornerstone of the European ETF market. This collaboration allows Allfunds to:
- Offer diversified investment choices across various sectors and geographies.
- Support cost-efficient portfolio building using established ETF and ETC solutions.
- Enhance transparency for distributors through DWS's established reporting standards.
How Does This Partnership Support Global Wealth Management Trends?
As the industry shifts toward passive investment strategies, the demand for robust ETF distribution networks has reached an all-time high. Allfunds, managing over €1.9 trillion AUA, is positioning itself as the primary gateway for this transition. The partnership with DWS reflects a broader trend where technology-enabled distribution platforms are becoming essential for asset managers to reach a global audience. By operating across 66 different countries, Allfunds provides DWS with the scale necessary to democratize access to its Xtrackers products, ensuring that even smaller distributors can access the same sophisticated financial instruments as major global institutions.
"Partnering with DWS represents another important milestone in the development of our ETF ecosystem. As wealth managers increasingly look to ETFs as core portfolio building blocks, our goal is to provide seamless access to leading issuers through a single platform experience. We look forward to working closely with DWS to support the evolving needs of our clients and drive continued growth in ETF adoption." said Borja Largo, Head of Fund Partners at Allfunds.
“The partnership with Allfunds marks an important step in further expanding the accessibility of our Xtrackers ETFs. Allfunds is one of the leading distribution platforms, by leveraging its capabilities we are able to enhance our reach with efficient, transparent and cost-effective investment solutions. We look forward to building a strong collaboration and driving continued growth together.” added Baharak Moradi, Head of 3rd Party Platforms at DWS.
FF NEWS TAKE:
This collaboration is a significant win for Allfunds as it solidifies its ETF distribution infrastructure against traditional competitors. By onboarding a heavyweight like DWS's Xtrackers, Allfunds is effectively future-proofing its platform for the ongoing shift from active to passive management. This move doesn't just add products; it validates Allfunds as the essential digital gateway for the modern, multi-asset wealth management industry.
Frequently asked questions
How many ETFs are available on the Allfunds platform?
There are more than 13,000 ETFs available on the Allfunds platform. This extensive catalog is supported by a request-for-quote (RFQ) model that connects to 13 liquidity providers to ensure optimal pricing and execution for wealth management distributors.
What is the total AUM of the DWS Xtrackers range?
The DWS Xtrackers range holds more than €348.3 billion in assets under management as of August 2026. It is recognized as one of the largest and most established ETF and ETC product ranges in the European market.
Who can access the Xtrackers ETF range through Allfunds?
The Xtrackers ETF range is accessible to Allfunds' network of more than 950 distributor clients. These clients operate across 66 countries and use the platform to build diversified, cost-efficient portfolios for their wealth management customers.
About the companies
Companies in this story: DWS, Allfunds
People in this story: Baharak Moradi, Borja Largo