AXA Wealth has announced the launch of its new Tailored Selection fund range, a range of retail investment funds which the firm says supports advisors in the move towards Retail Distribution Review compliance.

The range – which consists of 121 outsourced funds backed by the conviction of the Architas investment team – was developed using feedback from independent financial advisors, a spokesperson for the firm told WealthBriefing. It is available across the AXA Wealth portfolio.

It is a revamp of the AXA Winterthur guided architecture range launched ten years ago, and includes the following new funds: the Investec Emerging Markets Debt fund; the Jupiter UK Growth fund; the Black Rock European Dynamic fund; the Schroder US Mid Cap fund; the Aegon Ethical Equity fund; and the L&G Dynamic Bond and Property Funds.

“Powered by Architas, AXA Wealth has created an efficient middle ground between the two extremes of a more restrictive ‘closed-shop’ approach – and its open architecture model available via Elevate and AXA Wealth International – through its new guided architecture proposition,” said Mike Kellard, the chief executive of AXA Wealth.

Last September AXA reorganised its collection of wealth management businesses under the single UK-based umbrella AXA Wealth, as part of moves by the French-listed firm to make further inroads into this sector. The unit includes the following businesses: AXA Winterthur Wealth Management, AXA Distribution Services and its Elevate wrap proposition, Architas Multi-Manager, and AXA Wealth International.