Hargreaves Lansdown has added the recently-launched Jupiter Global Value Equity fund to its Wealth 150 buylist after securing a discount on the fund for its clients.
In its half-year results statement, the FTSE 100 fund supermarket said its clients "do not favour UK investment at present", and have turned towards the globe.
Hargreaves said it has responded to this by adding a global fund, Jupiter Global Value Equity, which is run by Ben Whitmore and Dermot Murphy and was only launched in March.
The new fund invests in between 30 and 50 stocks and deploys the value investment style.
The company revealed its clients can buy the fund for 42 basis points less than the advertised annual management charge for the fund.
According to FE Analytics, the annual charge is 1.5 per cent.
Mr Whitmore is known as the manager of the £2bn Jupiter UK Special Situations fund and the £2.4bn Jupiuter Income Trust. He also runs a global equity portfolio for Alliance Trust.
Hargreaves Lansdown said the average discount it negotiates for funds that make its buylist is between 10 and 15 basis points.
Alan Miller, a partner at wealth management firm SCM said the most recent performance of the Wealth 150 list had been poor but Hargreaves Lansdown said the investments on the list have risen 54 per cent over the past five years.
Caspar Rock, chief investment officer at Cazenove said he didn't find UK equities to be particularly cheap, despite the valuations, due to the types of companies that dominate the UK index.
Peter Elston, chief investment officer at Seneca said he has continued to reduce his equity exposure due to markets being late in the cycle.
Ben Seager Scott, director of investment strategy at Tilney Group, said: "We are certainly supporters of Mr Whitmore, and we invest via the Jupiter UK Special Situations fund, which we see as one of the best UK value funds out there.
"The manager is highly experienced in his chosen style and has a solid track record. He has added value for investors even when Value - with a capital V - has been out of favour and has done so with much less volatility that one would traditionally associate with a value style.
"More broadly, as we head late cycle and see interest rates rising, we may see value stocks come in from the cold."