One Funds Ag

What One Funds Ag does

ONE Funds AG is a Liechtenstein-regulated fund platform providing end-to-end establishment and ongoing administration of investment funds under the European AIFMD and UCITS frameworks. The company serves asset managers, family offices, banks, pension funds, corporates, high net worth individuals, trustees, and law offices — guiding each client from initial fund concept through to final registered investment vehicle with ISIN. The platform supports contractual funds and corporate fund structures (AGmvK/SICAV), administering 19 branded sub-funds spanning equities, digital assets, real estate, naval shipping, precious metals, gemstones, bonds, private debt, and US life settlements. Revenue derives from professional services for fund setup (document drafting, regulatory submissions, ISIN registration) plus recurring managed services for ongoing fund administration, portfolio management, risk management, and distribution support. Pricing is quote-based and not publicly disclosed; certain operational functions are outsourced to third-party providers.

Founded in 2008 as a wholly-owned subsidiary of Bendura Bank, ONE Funds received its UCITS license in 2013 and AIFM license in 2014 under Liechtenstein law, then completed a management buyout in 2022 with 100% of shares now held by management. By 2024, net assets under administration exceeded CHF 1 billion for the first time, reaching approximately CHF 1.2 billion. The business operates from Triesen, Liechtenstein, under oversight of the Liechtenstein Financial Market Authority (FMA), and leverages the jurisdiction's tax-neutral fund structures (no fund-level taxation, no capital gains tax, no withholding tax), AAA sovereign rating, and EEA membership for cross-border distribution. Key external relationships include BDO AG (auditor), Liechtenstein depositary banks (custody/oversight), SIX SIS (price publication), and the Liechtenstein Fund Association (LAFV). Governance comprises an Executive Board (Franz Glatzl, Dr. Walfried Kraher) and Board of Directors (Dr. Günter Unterleitner as President, Gerhard Chemelli, Alexander Yudovich).

Name

One Funds Ag

Legal name

ONE Funds AG

Website

https://onefunds.li

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

ONE Funds AG is a Liechtenstein-regulated fund platform providing establishment and ongoing administration of investment funds under AIFMD and UCITS frameworks. It serves asset managers, family offices, banks, and institutional investors across 19+ sub-funds with approximately CHF 1.2 billion in assets under administration.

Ownership category

akta.pro rank

Product category

Fund Administration Services

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599), Open-End Investment Funds (525910)

SIC

Finance Services (6199), Investment Advice (6282)

akta.pro primary industry

Fund Governance Support (Board/Trustee, Minutes, Policies, Oversight) (FSAAAMAH)

Keywords

• Fund administration
• Fund setup
• UCITS funds
• Alternative investment funds
• Portfolio management

Headquarters

HQ city

Triesen

HQ country

Liechtenstein

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Fund Setup Services: ONE Funds AG provides comprehensive fund establishment services, drafting all legally required constitutive fund documents, coordinating with regulatory authorities, and managing the complete setup process from concept to registered fund.
2. Fund Administration: Ongoing administration services including contacts with Liechtenstein authorities, processing fund transactions, monitoring investment restrictions, NAV calculation, and preparation of annual and semi-annual reports.
3. Portfolio Management Services: Continuous documentation and monitoring of fund assets, acting as interface with external delegated portfolio managers, and investment of fund assets per constitutive documents.
4. Risk Management Services: Analysis of funding risk and liquidity risk, acting as interface with external risk managers, and providing quantitative and qualitative regulatory risk reports.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

ONE Funds AG is a Liechtenstein-based fund platform that provides end-to-end establishment and administration services for regulated investment funds under the European AIFMD and UCITS frameworks. The company guides asset managers, family offices, banks, pension funds, and professional investors from initial consultation through to fully registered investment funds with ISIN, including drafting constitutive documents, regulatory submissions, ongoing NAV calculation, risk management, portfolio oversight, and distribution support across UCITS, AIF, contractual, and SICAV fund structures.

Product overview

ONE Funds AG operates as a comprehensive fund platform providing end-to-end investment fund services in Liechtenstein. The platform offers two core service lines: Fund Setup & Structuring (handling establishment from consultation through final registered fund) and Fund Administration (ongoing NAV calculation, reporting, risk management). The company supports multiple fund structures under both UCITS and AIFM regulatory frameworks, including contractual funds and investment companies (AGmvK/SICAV). The product portfolio includes 19 distinct branded sub-funds spanning diverse asset classes such as equities, digital assets, real estate, shipping, precious metals, gemstones, bonds, and private debt. All funds are regulated under Liechtenstein law with EU passport compatibility, targeting asset managers, family offices, banks, pension funds, corporates, high net worth individuals, trustees, and law offices.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Net assets under management exceeded CHF 1 billion for the first time in 2024
• +1 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• BDO AGcoreImplementation/ SI/ Consulting PartnerBDO AG serves as the external auditor for ONE Funds AG, providing audit services from their Zürich office.
• Liechtenstein Fund Association (LAFV)coreStrategic or Co-development PartnerONE Funds AG is a member of the Liechtenstein fund association (LAFV). The LAFV serves as the official electronic publication platform for fund documents.
• Liechtenstein Depositary BankscoreStrategic or Co-development PartnerONE Funds AG works with independent depositary banks domiciled in Liechtenstein for fund custody and oversight as required by law.
• Liechtenstein Financial Market Authority (FMA)coreStrategic or Co-development PartnerThe FMA is the supervisory authority for investment funds in Liechtenstein. ONE Funds AG is licensed by and operates under FMA oversight.

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Hauck & Aufhäuser Fund Services: German-headquartered fund services platform offering UCITS/AIFM management, fund administration, and depositary services. Operates as a comparable white-label fund platform for asset managers across Europe.
• LRI Group: Luxembourg fund management company and AIFM providing comprehensive fund platform services including UCITS/AIF administration. Comparable operating model to ONE Funds in alternative and traditional fund mandates.
• IPConcept (Luxembourg): Luxembourg-based fund management company and AIFM offering fund setup, administration, and portfolio management services to asset managers and institutional clients. Closely matches ONE Funds' full-service platform model.
• FundRock Management Company: European UCITS/AIFM management company platform providing fund launch, ongoing oversight, and administration services. Directly comparable as a one-stop fund platform serving asset managers and family offices.
• Universal-Investment: Leading European fund platform (Germany/Luxembourg/Ireland) providing fund administration, AIFM/UCITS management company services, and regulatory hosting. Directly comparable to ONE Funds as a third-party platform for asset managers launching regulated funds across Europe.
• Moventum (beewise): Luxembourg-based fund platform providing fund setup, administration, and distribution support for asset managers. Comparable in business model and target clients to ONE Funds.

Regional players

• VP Bank Group: Liechtenstein-headquartered private bank offering wealth management and fund services in the Liechtenstein/Swiss market. Comparable jurisdiction and client base but more retail/private banking focus than ONE Funds' pure-play fund platform.
• LLB (Liechtensteinische Landesbank): Liechtenstein's principal bank offering fund services, depositary, and asset management. Same jurisdiction and local market position as ONE Funds, with broader banking services but competing for Liechtenstein fund mandates.

Broad incumbents

• Caceis: Major European asset servicing firm (backed by Crédit Agricole and Santander) offering fund administration, depositary, and custody services at scale. Provides overlapping capabilities to ONE Funds but at significantly larger scale across all European fund hubs.

Emerging players

• TMF Group: Global provider of fund administration, corporate services, and AIFM support with European presence. Comparable in providing outsourced fund administration but with broader geographic and corporate-services footprint than ONE Funds.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks2 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/one-funds-ag

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One Funds Ag