View more on these topics

Vestra Wealth appoints Cofunds as fund custodian

As revealed by Money Marketing last week, Vestra Wealth has signed a deal with Cofunds that will see institutional assets move onto the platform.  

The Cofunds’ institutional service will provide specialist fund dealing, settlement and sub-custodian services to Vestra Wealth.

Vestra Wealth head of operations Neil Greenwood says: “Cofunds will introduce significant operational efficiencies in areas including dealing, settlement, custody, and commission processing, which we believe will enhance the service that we are able to provide to our clients.”

Cofunds director, Institutional Services, Christopher James says: “We have a range of services that help our clients to reduce dealing and settlement risk and increase their administrative efficiency.  We look forward to offering Vestra Wealth a fully automated fund solution for their institutional business model.”


Henderson staff review could result in redundancies

Henderson is conducting a review of staffing levels following its acquisition of Gartmore which could result in redundancies. Henderson took over New Star in 2009 and acquired Gartmore in April this year. The review is taking place across all business operations. A spokesman for Henderson says: “As we highlighted in our Q3 update, we are […]


Cameron will look “very carefully” at calls for Arch cru inquiry

Prime Minister David Cameron says he will look “very carefully” at opening an inquiry into the collapse of Arch cru. He was responding to a question from Labour MP Tom Greatrex at Prime Minister’s Questions who said the collapse has hit 20,000 investors around the country. Cameron said: “I have had contacts from my constituency […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm