Cofunds

Cofunds believes there is still time to influence the FSA and prevent a proposed ban on fund manager rebates and bundled charges as the regulator's response to the discussion paper is set to be delayed until September.

The FSA could be forced into a major U-turn on platform regulation as the UK's big three providers, with over 80% of total assets, labeled its proposals as "unworkable" in responses to the Discussion Paper.

The Cautious Managed sector was the top seller on Cofunds in April whilst UK All Companies saw a net outflow as the uncertain political situation weighed heavily on investor sentiment.

The Cautious Managed sector continues to dominate inflows on Cofunds, accounting for nearly a third of net sales in Q1, with property also prominent.

Cofunds chief executive Brett Williams believes proposed changes to platform remuneration is likely to lead to increased costs and heightened adviser confusion.

Fund managers expect Europe - a forgotten player in investment terms - to emerge a "stronger player" from the Greek debt debacle.

The Cautious Managed sector held on to its dominant sales position on Cofunds for January, but property continued to be the fastest-growing sector.

Jupiter has the most funds on Cofunds' eagerly awaited OBSR Researched Funds Panel with 10 vehicles making the grade.

The Cautious Managed sector held on to top spot in the Cofunds sales chart for November for the third consecutive month.

OBSR has awarded the JPM Emerging Markets Alpha Plus fund an A rating ahead of its addition to the Cofunds platform on Monday.