Axa boosts offshore investment choice

Wednesday, 01 July 2009 12:00

Axa has expanded the number of offshore investment funds available on its Elevate wrap platform.

The investment distribution group has added 145 new funds from 12 international fund management groups to the range of products from which investors can choose.

It means people using the platform, through their financial adviser, to manage their portfolio of investments will now have more choice and flexibility, according to Axa.

Ian Thomas, the firm’s head of marketing, said: “The introduction of these funds demonstrates our continued commitment to provide whole-of-market access to assets.

“We are expanding our range of investments on a weekly basis as new advisers adopt Elevate and we respond to their needs”

There are now 1,700 offshore funds available on Elevate, which include a mixture of unregulated products and those recognised by the Financial Services Authority.

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