Investments  

Axa makes 54 offshore funds available to UK retail investors

Axa Investment Managers has made 54 of its offshore funds available to UK retail investors.

The Axa World Funds range has been registered for sale in the UK and has been given UK reporting fund status.

Axa said it had seen considerable interest in the range from UK investors, particularly for Nick Hayes’ AXA WF Global Strategic Bonds fund and the AXA WF Framlington Global Convertibles fund, managed by Marc Basselier.

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Rob Bailey, head of UK wholesale distribution at AXA IM, said more advisers were looking to use offshore funds.

He said: “I hope that platform providers note this growing trend and consider including more offshore funds in their intermediary offering, to ensure an equal footing in the UK market.”