What’s New In Investments, Funds? – BNY Investments, FNZ

Editorial Staff

23 July 2025

BNY Investments
New York headquartered to make its Smoothed With Profits Fund available on more independent platforms that use FNZ’s technology.

More advisors can incorporate the fund into portfolios as a result of the agreement with FNZ, a business that works with more than 650 financial institutions and 12,000 wealth management firms.

The Wesleyan fund is designed to sit on independent advisor platforms, offering capabilities such as daily trading and pricing. As a result of the partnership, Wesleyan, will be able to expand across the UK platform market.

Smoothed funds, which hold a range of different investments, are designed to reduce the worry of investing by smoothing out some of the ups and downs of the investment markets, hence their name.

A recent study from Wesleyan and the lang cat, a consultancy, found that advisors use smoothed funds to help clients navigate complex and fast-moving market conditions. Some 65 per cent of advisors said such funds help to manage client concerns over risk and volatility.

Wesleyan – a mutual founded in Birmingham in 1841 – had a total of £7.6 billion ($10.3 billion) in AuM as at the end of last year. It provides access to its flagship With Profits Growth Fund via the intermediary advice sector.