FundsNetwork to offer Henderson unbundled funds
FundsNetwork has revealed it will be the first platform to offer Henderson Global Investors’ entire suite of unbundled funds when they launch in August.
The Henderson range consists of 35 funds and will sit alongside FundsNetwork’s existing range.
David White, head of FundsNetwork, said the platform was in discussions with a range of providers regarding putting unbundled funds onto the proposition. It comes after FundsNetwork launched exchange traded funds and unbundled pricing on the platform in June.
He said: “Henderson is a very popular provider on FundsNetwork so to have its entire suite of unbundled funds available to our advisers and their clients is a significant achievement. These sit alongside the traditional range, so giving the choice to advisers regarding which they choose.”
James Tothill, head of global partnerships for Henderson, said: “It is excellent to see that FundsNetwork is RDR fit and in a position to launch Henderson’s new ‘clean’ platform share class, for funds Henderson will be promoting in the UK retail market.”