Allfunds and Credit Suisse InvestLab combine to create platform giant

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 a statement this morning (25 June), Allfunds said the combination would allow it "to accelerate and expand its investment into the development of new services and solutions to the benefit of the funds eco-system, comprising of asset managers, fund distributors and other intermediaries". The transaction involves the transfer of all shares in InvestLab, its team, technology and related servic...