A suite of funds from AllianceBernstein has been added to the wrap platform operated by AXA Wealth.

The UK-based wealth business of AXA has expanded its wrap platform with a number of AllianceBernstein funds.

A total of 11 funds have been added to AXA Wealth's wrap platform. They are designed to offer advisors and their clients a more diversified investment selection, the firm said, whether they are looking for exposure to US markets or a multi-asset approach in emerging markets.

“These new funds from AllianceBernstein offer our advisors something a little bit different, suitable for the whole investment journey. This is especially important in pensions, where we’re seeing more demand for investment choice in both the accumulation and de-accumulation phase," said the managing director of business development and proposition at AXA Wealth, David Thompson.

“The pension freedoms have really kick-started investment innovation. In the past, retirement has been seen as the end of the investment journey, as people cash in their investments to buy an annuity.That’s no longer the case. Investment strategies need to suit the longer-term growth in the accumulation phase and map across to a diversified retirement portfolio – given people could spend 30 years or more in retirement. A mix of assets that can help achieve growth has never been more important," he continued.

The AllianceBernstein funds are AB Concentrated US Equity, AB Concentrated Global Equity, AB Diversified Yield Plus, AB Emerging Markets Multi Asset, AB European Flexible Equity, AB Global Core Equity, AB Global Equity Income, AB Global Plus Fixed Income, AB Real Assets, AB Short Duration High Yield and AB Unconstrained Bond.

On 5 August, AXA Wealth announced its results for the first six months of 2015. It has £28.8 billion ($50 billion) funds under management.