AXA expands Elevate offshore investment funds range

AXA Distribution Services has added 145 new offshore investment funds from 12 international fund management groups to the Elevate wrap platform.

The offshore investment funds range will strengthen the existing range of investment vehicles and asset classes available on Elevate to give advisers even more choice and flexibility in the management of their clients' portfolios.

The additional funds increase the total number of funds available on Elevate to over 1700, operated by a total of 77 fund groups. The offshore funds now available include both Financial Services Authority recognised funds and access to a number of unregulated funds.

As part of the continual evolution of the Elevate proposition, there will be ongoing expansion and regular review of the funds available on the platform.

Ian Thomas, Head of Marketing, AXA Distribution Services, 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. Our investment range is not constrained by the availability of rebates paid by fund managers."