Fund supermarkets still face number of obstacles before rolling out their investment trust (IT) propositions, according to J.P. Morgan Asset Management.
Investment manager Heartwood is to offer its model portfolios on the Novia platform.
Cofunds has announced it has hit the £40bn assets under administration (AUA) milestone.
Cofunds has launched its client segmentation and updated fee flexibility functionality as part of the platform's efforts to help prepare advisers for the Retail Distribution Review (RDR).
Cofunds is piloting a graduate and school leaver apprenticeship scheme in order to bring new talent into the industry.
The Mixed Investment 20-60% Shares sector continued to prove popular with investors in May, figures show.
Cofunds is negotiating with asset management firms to renew agreements made years ago which could see groups forced to pay extra lump sums to the platform.