Arnold Stansby appoints Cofunds as fund custodian 27 September 2012London Reporter: Georgina Lavers
Image: Shutterstock
Arnold Stansby has appointed Cofunds, the UK’s leading independent platform, as its fund custodian.
The independent stockbroker offers a full range of services to the private client, including advisory and portfolio work, as well as execution only, and is looking to reduce its administration costs and grow its fund offering.
Bradley Lewis, business development manager of institutional services at Cofunds, said: “We’re committed to becoming the utility of choice for the whole institutional market. We offer a one-stop shop for reducing admin costs and de- risking which can be tailored to the needs of any firm.”
Nick Stockton, CEO of Arnold Stansby added: “We were impressed by the service the team at Cofunds is able to offer firms of our type – giving us access to the full package in terms of STP dealing, net contractual settlement and fund choice with the added peace of mind of being AAF accredited.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 