// Platform

22 May 2019 Platform expects 20% growth

The chief executive of Novia, Bill Vasilief, expects the assets on the Bath-based platform to rise by 20 per cent in 2019, driven by the woes of rival platforms. Novia’s most recent set of results showed...

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21 Mar 2019 Cofunds loses £8.5bn of assets in 2018

The assets on the Cofunds platform fell by £8.5bn in the 2018 calendar year, making it the platform with the biggest net losses in the period. Data compiled by Fundscape, showed almost all platforms lost assets...

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08 Aug 2014 Record platform sales in the second quarter

The second quarter kicked off with a bang. Stock markets were on the rise and one ISA season was coming to its feverish close while another was just beginning. The UK’s ongoing economic recovery, shock budget announcements and the lead up to the world cup also provided that all-important feel-good factor that helps to drive investment. Total platform assets under administration rose by £14bn to £317.3bn, a rise of 5% on the previous quarter, while new records were set for sales. Gross sales for the first three months of the year totalled £21.2bn, up 19% on like-for-like sales in 2013, and net sales rose by 21% to £11.0bn. To download the full press release click here.
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