Ascentric Wrap

Transact has held its top spot on The Platforum leaderboard for the first quarter.

Ascentric has passed £3bn assets under administration (AUM) as it nears profitability.

New business at Royal London's protection arms Bright Grey and Scottish Provident fell 14% over Q1 2011 compared to the same quarter last year.

Ascentric is launching a new report tool providing advisers with extensive coverage of client portfolio data including valuations and wrapper performance.

Bestinvest has launched its range of model portfolios on Ascentric in a move which allows the firm to offer several of its discretionary solutions to IFA partners.

Technical Connection's Tony Wickenden will headline a series of tax planning and investment seminars run by Ascentric for advisers and paraplanners.

Active manager SCM Private has brought its ETF portfolios onto independent platform Ascentric, making them available to IFAs and retail investors.

Evercore Pan-Asset's PanDynamic model portfolio programme has attracted assets of £100m since its launch less than two years ago.

The UK's largest independent wrap platform is preparing to make ETFs available for the first time.

Royal London's wrap platform Ascentric increased new assets under management by 189% to £1,217m in 2010 from £421m the previous year.