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Cofunds loses SEI institutional assets to Allfunds

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SEI Wealth Platform has expanded its panel of sub-custodians to include European platform Allfunds Bank. The addition of Allfunds brings the panel up to four subcustodians, including the Cofunds platform and HSBC. Allfunds, which has £190 billion assets under administration, is Europe’s largest mutual fund platform and will gain assets…

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