Cofunds passes £15bn mark in AUM

The Cofunds platform has passed the £15bn mark in assets under management, two years after gathering £10bn in client funds.

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Despite the turmoil in world markets since last summer, the firm said it had consistently enjoyed net inflows.

Charlie Eppinger, chief executive of Cofunds, said: "While volumes are greater than ever, we have maintained robust operational controls. At a time when it seems some platforms have struggled with technology issues, systems that can cope with large flows of business are fundamental."

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