Alliance Trust in talks with 30 fund groups over platform listing

clock

Alliance Trust Savings (ATS) is in advanced negotiations with around 30 fund groups over adding clean share classes to the platform.

The platform currently lists around 1,400 clean share classes from 40 fund groups. It plans to nearly double this number as part of a drive to treble advised assets under administration on the platform by the end of 2014. Earlier this week, ATS added clean share classes from Fundsmith, Marlborough and Cornelian. The rest will follow in two to three months' time, said managing director Patrick Mill. "We're looking to expand the fund range and we are talking to another thirty-plus [fund groups], so you can see it will be significant," he said. Advised business on the platform - wh...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Poor platform service 'significantly' affects 54% of advisers

Poor platform service 'significantly' affects 54% of advisers

Exclusive: Down from 80% the previous year

Jenna Brown
clock 02 December 2025 • 2 min read
Mark Sanderson: Getting to the point of platforms

Mark Sanderson: Getting to the point of platforms

'Platforms are there to serve investors'

Mark Sanderson
clock 28 November 2025 • 4 min read
How is tech changing platform asset migration?

How is tech changing platform asset migration?

'Every transfer should be compliant, transparent, and in the client's best interest'

Tom Mullaly
clock 17 November 2025 • 4 min read