AXA Wealth Management said it has introduced 40 new funds, taking the number of funds it provides to 391.

David Thompson, managing director of sales and marketing at AXA & Winterthur Wealth Management, said the new funds will enhance the firm's existing investment opportunities, according to a statement.

"We believe the addition of these funds will further strengthen our existing comprehensive investment range and is evidence of the strong proposition that will be offered to the advisory market through the AXA & Winterthur Wealth Management business," Mr Thompson said.