James Hay adds HSBC Open Global Property Fund

James Hay has added the HSBC Open Global Property Fund to both its Wrap & SIPP fund ranges.

The total number of funds now available on James Hay Wrap totals 1,304 funds from 56 different providers.

Shaun Sandiford, Regional Sales Director, James Hay, said: “This newly launched fund of funds seeks to capitalise on the opportunities available in the global property market. Its global diversification and remit to invest in both property securities and collective funds holding direct real estate makes it a highly attractive option for those seeking property exposure in the current environment.”

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 £13 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.