Cofunds

Standard Life has called for platforms with super clean deals to house alternative share classes in order to aid re-registration.

Transact has appointed Goldman Sachs to broker a full sale of the business, with senior staff open to an exit if a takeover is agreed, Investment Week understands.

The use of super clean share classes by certain platforms is starting to cause 'unintended restrictions' for clients trying to re-register to alternative platforms.

Cofunds, has appointed former FNZ UK chief executive Paul McMahon as strategy director.

Kames Capital CEO Martin Davis talks to Anna Fedorova about Scottish independence, rebranding, and the group's plans to diversify away from the fixed income space.

LEADER

Cofunds' chief executive David Hobbs has told Investment Week the platform has not written off plans to introduce investment trusts to the platform, and may look to include them in future.

Cofunds' pre-tax profits for 2013 have fallen 16% after a rise in assets under administration was offset by L&G's attempt to reverse 'years of under-investment'.

THE BIG INTERVIEW

Cofunds has made a number of appointments to its partnerships and platform teams as part of a recruitment drive.