Allfunds and Credit Suisse InvestLab combine to create platform giant
€500bn-plus AUA
"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...
More on Platforms
Royal London to sell Ascentric platform to M&G
£100m re-platforming
Advised platform market AUA down 12% in Q1 shows adviser resilience - the lang cat
'Due to three factors'
Openwork agrees extended deal with old Zurich platform after Embark Advance rebrand
Continuity beyond 2021
Back to Top
More news
'Retirement income advice is the biggest problem in the adviser market' - Rory Percival
As important as DB transfers
D2C investment platform users rise to all-time high in Q1
Customer numbers rise an average 3.1% across all providers
Is it time to review the risks of DB transfer advice?
It’s The Pro Adviser Podcast
Advisers can defer CPD this year in 'exceptional circumstances' - FCA
Defer to 2021/2022