Cofunds to run moneysupermarket execution-only service

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Cofunds will power moneysupermarket.com's new execution-only service, but has denied the move signifies a shift to the direct-to-consumer market.

From today, moneysupermarket.com will be providing a new execution only service for investment business, giving customers access to the Cofunds Investment ISA and the entire Cofunds range of over 1,500 funds from more than 90 fund managers. "We have built the platform to provide flexible, reliable and convenient administration and management services to a range of intermediaries, and this is a great addition to our execution-only client base," says sales and marketing director Alastair Conway (pictured). "We are excited to be working with moneysupermarket.com to develop an investment ...

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