James Hay adds New Star Funds to Wrap platform

James Hay has added the New Star International Property Fund and the New Star Hidden Value Fund to its Wrap platform.

The total number of funds available on James Hay Wrap is now 1,134 from 50 different providers.

The recently launched New Star International Property Fund is the first of its kind in the UK and targets established international property markets with attractive rental growth potential, primarily in Continental Europe, Asia and the Pacific Rim.

The New Star Hidden Value Fund is managed by Jamie Allsopp, who is rated A by Citywire. The fund also has an A rating from Standard & Poors.

Shaun Sandiford, Regional Sales Director, James Hay, said: “We are delighted to offer intermediaries access to these funds from one of the most exciting fund houses.“

“The new International Property Fund is the first of its kind and we expect it to appeal to investors looking to invest in property further afield. For the Hidden Value Fund, Jamie Allsopp is recognised as one of the rising stars of fund management, and has delivered strong performance over a sustained period.”

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.