ADVERTISEMENT

Allfunds and Credit Suisse InvestLab combine to create platform giant

€500bn-plus AUA

Julian Marr
Julian Marr
clock 25 June 2019 •
"We are creating a stronger player in the platform and wealth technology space" - Allfunds' Juan Alcaraz
Image:

"We are creating a stronger player in the platform and wealth technology space" - Allfunds' Juan Alcaraz

European platform Allfunds is to combine with Credit Suisse's InvestLab open architecture investment fund activities to create a wealth platform with more than €500bn (£447bn) in assets under management (AUA).

The deal, which remains subject to regulatory approval, would lead to a combined business that would distribute more than 78,000 funds and ETFs to more than 700 distributors across 45 countries. In...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intellignece through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

ADVERTISEMENT
Julian Marr
Author spotlight

Julian Marr

View profile
More from Julian Marr

Kevin Murphy: Four reasons why value investing really is not dead

Matt Stamp: The race to buy UK wealth management tech specialists is heating up

ADVERTISEMENT

More on Platforms

The report found that 2% of firms feel fully in control of their clients’ platform experience.
Your profession

More than 40% of advisers considering using own platform - research

'Chunky minority'

Sophie King
Sophie King
clock 22 July 2021 • 2 min read
AJ Bell inflows reach £1.8bn Q3
Wrap/platforms

AJ Bell inflows reach £1.8bn Q3

AJ Bell took in total net inflows of £1.8bn during the three months to 30 June, with its total assets under administration (AUA) increasing to £70.4bn, thanks in part to strong growth in customer numbers.

Investment Week
clock 22 July 2021 • 2 min read
Kevin Okell: "As a seasoned FCA-basher, my instinctive reaction is to blame regulation for the endless stream of jargon that our industry serves up to its customers. But when I did a little research on the problem of lengthy T&Cs, I was quickly reminded that it's a much more widespread malaise."
Wrap/platforms

Kevin Okell: Have you read the platform small print?

Terms and conditions

Kevin Okell
clock 20 July 2021 • 4 min read
ADVERTISEMENT