James Hay Adds 14 Legal and General Funds to Wrap Platform
26 July 2007
by Shaun Sandiford
James Hay has added 14 new funds to its Wrap platform. The total number of funds now available on James Hay Wrap totals 1,208 from 52 different providers.
The funds added to the platform are: -
- Legal & General - Active Aggregate Long Dated (50:50) Fixed Interest Acc
- Legal & General - Active Corporate Bond All Stocks Acc
- Legal & General - Active Corporate Bond Over 10 Years Acc
- Legal & General - Global Equity Index Active Acc
- Legal & General - Index Linked Bond Acc
- Legal & General - International Equity Acc
- Legal & General - Overseas Bond Acc
- Legal & General - UK Concentrated Equity Acc
- Legal & General - UK Fixed Interest All Stocks Acc
- Legal & General - UK Fixed Interest Over 15 Year Acc
- Legal & General - UK Smaller Companies Acc
- Legal & General Pensions Management - Global Equity (70:30) Index Acc
- Legal & General Pensions Management - Property Acc
- Legal & General Pensions Management - UK Equity Index Acc
Shaun Sandiford, Regional Sales Director, James Hay, said: "We are delighted to offer this range of different funds and strategies from the UK's largest fund manager, with over £260 billion assets under management.
"Legal and General offers a wide variety of active and passive collective funds covering the full range of asset classes and strategies. Investors benefit from accessing the investment expertise of the investment managers who run money for some of the biggest companies in the UK."
Investors using James Hay Wrap can now choose retail and institutional funds, OEICS (Open Ended Investment Companies) and Unit Trusts at competitive and preferential terms. Together, the James Hay SIPP and Wrap businesses have over £12 billion under administration.
James Hay Wrap offers free fund switches and automatically returns rebates to client accounts. Unlike many competitors, James Hay has a philosophy that supports "any fund, in any tax wrapper at any time" and has no preferred fund houses or Investment styles. Advisers can buy any fund they and their clients choose.