Credit Suisse and Allfunds collaborate under InvestLab
Credit Suisse has partnered with Allfunds under its investment fund platform Credit Suisse InvestLab.
The InvestLab platform will help develop a global fund distribution solution by combining assets under administration and distinct distribution competencies.
The partnership is designed to maximise Credit Suisse’s global wealth management offering and Allfunds’ digital innovation.
Under the collaboration, all shares in Credit Suisse InvestLab will be transferred to Allfunds from Credit Suisse.
The cooperative is still subject to customary closing conditions, such as anti-trust and regulatory approvals. It is predicted to be completed in Q3 2019.
