Cofunds has added 15 Skandia Investment Management (SIML) funds, including all seven of the Asset Allocator funds, to its investment platform.
All five of SIML's Actively Managed funds have also been added as well as two property funds and the ethical fund.
This is the third distribution deal for SIML following the group's addition to Fidelity's FundsNetwork and the Lifetime Wrap Platform, The Bigger Picture.
Rob Swan, marketing manager at SIML, said: &These deals have been a major step forward for us and the building of our distribution network. It has taken time for us to get these deals through which is why we were so keen to have 15 of our funds added to the Cofunds platform.&
SIML's deals mean that the group's Asset Allocator funds have all been added to three platforms within a year of their launch.
Mark Jones, marketing and product development director, said: &There is increasing demand for multi-manager funds and Skandia is now a leading competitor in this market.&
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