James Hay adds five Insight funds to its Collect SIPP platform

James Hay has added five Insight funds to its Collect platform. The total number of funds now available on James Hay Wrap totals 1,379 funds from 58 different providers, with 1032 funds from 45 different providers on James Hay's Collect SIPP platform.

The five Insight Investment funds are: -

Insight Investment Diversified Target Return Fund
Insight Investment Diversified High Income Fund
Insight Investment Diversified Dynamic Return Fund
Insight Investment Wealth Builder Balanced
Insight Investment UK Dynamic Managed

Insight's "Diversified" range of investment funds are designed to achieve total positive returns in varying market conditions using a combination of different asset and derivative strategies. The funds adopt an unconstrained approach and are not restricted in their choice of asset class or strategies. The funds are managed by Insight's highly regarded multi-asset team, headed by Dr Ana Cukic and Patrick Armstrong.

Chris Smeaton, Products and Investments Manager, James Hay, said: "We are delighted to offer IFAs access to these highly attractive funds from Insight. There has been increased demand amongst IFAs for multi-asset funds whose "go anywhere" strategy means that they can perform in the kinds of adverse and volatile market conditions that we are seeing currently."

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.