Cofunds and Hargreaves Lansdown topped platform sales for 2016, according to stats from Fundscape, while passive asset managers have also began to penetrate the top fund groups with the highest sales on platforms.
Hargreaves Lansdown had the highest asset growth in 2016, with assets growing 19% to £11.2bn but Cofunds, now part of Aegon, remained the largest platform in the UK with £83.7bn AUM. Fundscape said...
Following year of 'substantial investment'
Newly created position
Combined £36bn AUA
On investments above £2m