James Hay adds 50 new funds to SIPP & Wrap platform

5 November 2009
Following feedback from advisers, James Hay has now added over 50 new funds to its Wrap and SIPP platforms, including the highly sought after Royal London Cash, Schroders Global Managed Currency, and Standard Life UK Equity Recovery funds, as well as the JP Morgan Strategic Bond. James Hay's combined investment platform now offers over 1,800 funds from 62 leading fund managers.

Chris Smeaton, Head of Funds, at James Hay, said: "We are committed to continually adding key managers, and their funds, to our Wrap and SIPP platform - we have added over 50 in the last few weeks alone. During this time we have not only responded to IFA feedback and added the popular JP Morgan fund, but have taken this one step further by offering the Royal London Cash fund, which is not available on many other fund platforms.

"Our goal is to offer our customers the widest access to funds possible, and the very latest products to arrive on the market. Our customers want to ensure that they get not only the most choice, but also the very best choice."

Over 90% of the funds offered through James Hay have no Initial charge, £100 minimum investment and free next day switching. Investors using James Hay can now also 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 is part of Grupo Santander, one of the largest banks in the world. James Hay has won 22 awards for its SIPP product and service in the last six years.