Fund Management
AXA Investment Managers Makes Offshore Funds Accessible For UK Investors
UK investors will now have greater ease accessing AXA World Funds as the firm delivers 54 of its products to the British Isles.
UK investors will now have greater ease accessing AXA World Funds
as the firm delivers 54 of its products to the British Isles.
Domiciled in Luxembourg, AXA Investment Managers’ range of funds
is now registered for sale in the UK with UK Reporting Fund
Status, complying with the Retail Distribution Review rulings.
The AXA World Funds will be available to investors without
commission and rebate payments.
The choice for AXA IM to
bring its funds to the UK is in line with a recent trend, where
offshore funds are registering for sale in the UK. In doing so,
it hopes to make these funds readily available for its
advisors.
The 54 chosen AXA World Funds will offer clients a range of
investment options. While the AXA WF Global Strategic Bonds
offers fixed income and quarterly returns on global
opportunities, the AXA WF Emerging Markets Short Duration Bonds
invests in short-dated bonds in the emerging markets, giving
investors long-term growth prospects while avoiding
volatility.
“At AXA IM we would like to ensure that it is as easy as possible
for advisers to access these funds. 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,” Rob Bailey, head of UK wholesale
distribution at AXA IM, said.
