Cofunds

Former Cofunds director, Mark Campbell, has passed away after a two year battle with cancer.

The Cautious Managed sector is top of the Cofunds chart for the second consecutive month - accounting for three of the top five best selling funds in October.

Standard Life has received broad agreements with all its top 12 fund partners over new business terms as the platform industry accelerates its re-negotiations with asset managers.

Large groups in pricing negotiations with Cofunds are likely to agree deals in coming weeks after the platform ditched demands for improved terms on back books of business for many of its ‘top 30' partners, Investment Week understands.

Price and transparency are rapidly becoming the ‘new' battlegrounds in investment advice, driven by the combination of RDR and attempts to entice more investors back into the markets.

Advisers have continued to recommend Cautious Managed funds, with the sector taking second place on Cofunds' best seller list for August.

The platform market has arguably been the most important development in relation to the distribution in financial products in the past decade, and if recent research is a reliable indicator of future trends, platforms will continue to be a fundamental...

Corporate bond funds saw a resurgence in popularity following a two-month dip in demand, accounting for a third of net sales on the Cofunds platform in July.

The Co-operative Asset Management (Co-op) has hired Daniel Fox from Insight Investment to run its Corporate Bond Income trust.

Investors made a marked move towards the Cautious Managed sector last month at the expense of corporate bond funds which continued to fall in popularity.