AJ Bell has appointed Clearstream as its primary custodian for its fund processing activities. Clearstream will be AJ Bell's primary custodian for funds custody, settlement and order routing for its Youinvest, Investcentre and Custody Solutions products in respect of open-ended investment companies (OEICs), unit trusts and hedge funds via its fully automated global fund processing platform Vestima.

Michael Summersgill, CFO at AJ Bell, said: "After thorough consideration, we have selected Clearstream as our primary custodian to manage our funds custody and dealing.

"This builds on our existing relationship in respect of equity and debt products that has developed over the last couple of years. This step will simplify our operation, helping us to better serve the advisers and customers that use our platform propositions."

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AJ Bell has appointed Clearstream as its primary custodian for its fund processing activities. Clearstream will be AJ Bell's primary custodian for funds custody, settlement and order routing for its Youinvest, Investcentre and Custody Solutions products in respect of open-ended investment companies (OEICs), unit trusts and hedge funds via its fully automated global fund processing platform Vestima.

Michael Summersgill, CFO at AJ Bell, said: "After thorough consideration, we have selected Clearstream as our primary custodian to manage our funds custody and dealing.

"This builds on our existing relationship in respect of equity and debt products that has developed over the last couple of years. This step will simplify our operation, helping us to better serve the advisers and customers that use our platform propositions."