Assets on the Cofunds platform have risen by £9bn since the beginning of the year to £45bn, according to the provider.
It attributed the growth to a number of large accounts, including national IFA RSM Tenon and network Intrinsic. It also signed up stockbroker Arnold Stansby as an institutional client. CEO Martin Davis said: "We've continued to grow steadily throughout this year in what have been extremely trying market conditions. "The steady stream of mandate wins across both [institutional and retail] segments bear testimony to our robust business model and our commitment to enable our clients to do more, more easily." The platform also announced 21 low-cost Vanguard funds have gone live to a...
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