Established in 2001, Cofunds is an investment platform for advisers and other financial institutions. It is a wholly-owned subsidiary of Legal & General employing around 600 staff.
Cofunds is responsible for administering over £76.1bn of investments on behalf of around 800,000 people as at 31 March 2015. These assets are made up of Cofunds and Investor Portfolio Services.
Financial advisers, intermediaries and their clients have access to 160 fund groups, including over 2,800 clean share class funds. Institutional clients can access 7,500 funds from over 240 fund groups.