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Cofunds Smashes £45 billion AuA Barrier

Wendy Spires Group Deputy Editor London 19 October 2012

Cofunds Smashes £45 billion AuA Barrier

Cofunds, the UK financial services platform, has hit £45 billion ($73 billion) in assets under administration, after having started the year with £36 billion.

The firm said it has seen strong sales across all three of its core propositions: Investor, Wealth and Enterprise. Among its recent new business wins were the national IFA firm RSM Tenon and the financial services network Intrinsic.

Cofunds says it now accounts for 26 per cent of the UK platform market, as of yesterday.

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