James Hay adds State Street funds to Wrap platform

James Hay has added four new funds from State Street Global Advisers (SSGA), the second largest asset manager in the world, to its Wrap platforms.

The total number of funds available on James Hay Wrap is now 1,133 from 50 different providers.

New Funds available on James Hay's Wrap Platform

Fund - Sector

State Street Japan Equity Tracker - Japan

State Street North American Equity Tracker - North America

State Street Europe excl UK Equity Tracker - Europe excl UK

State Street Asia Pacific excl Japan Equity Tracker - Asia Pacific excl Japan

Shaun Sandiford, Regional Sales Director, James Hay, said: "We are delighted to offer intermediaries access to these excellent funds from the world's second largest asset manager. "

"Intermediaries are increasingly using tracker funds along with active funds to deliver greater portfolio diversification through exposure to specific markets. SSGA is one of the global leaders in the provision of tracking vehicles such as these funds, and Exchange Traded Funds.

"SSGA's expertise at managing tracker funds for institutional clients means that these are highly efficient and cost effective trackers, replicating their indices closely."

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.