The exclusivity agreement that kept Fidelity off Cofunds and the four Cofunds shareholders off Funds...
The exclusivity agreement that kept Fidelity off Cofunds and the four Cofunds shareholders off FundsNetwork has ended. From mid-December, intermediaries will be able to buy Jupiter, Gartmore, M&G and Threadneedle funds through FundsNetwork and Fidelity funds via the Cofunds platform. The removal of the exclusivity agreement effectively means competition between the two platforms now centres on online tools and service rather than the range of funds available. This also removes the competitive advantage enjoyed by platforms such as Skandia and Selestia, which already offer funds fro...
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