James Hay Wrap Managers has added the HSBC Open Global Property Fund to both its wrap and self-invested personal pension fund ranges.
The total number of funds now available on James Hay Wrap totals 1,304 funds from 56 different providers. Investors using James Hay Wrap can now choose retail and institutional funds, open ended investment companies and unit trusts at competitive and preferential terms. Together, the James Hay self-invested personal pension (SIPP) and wrap businesses have over GBP13 billion under administration.
Shaun Sandiford, regional sales director of James Hay, said: This newly launched fund of funds seeks to capitalize 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 that seeking property exposure in the current environment.