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James Hay adds Legal & General funds to wrap and SIPP platform

James Hay Wrap Managers has added the Legal & General Dynamic Bond Trust and International Index Trust to both its wrap and self-invested pension plans fund platforms.

The total number of funds now available on James Hay Wrap totals 1,328 funds from 57 different providers and the number of funds on its collect self-invested pension plans (SIPP) platform is 1,021 from 45 different providers.

The Legal & General (L&G) Dynamic Bond Trust is a long-term total return bond fund, managed by fund manager Dickie Hodges. The fund takes an unconstrained investment approach and makes use of UCITS 3 powers to add value and control risk.

Investors using James Hay Wrap can choose retail and institutional funds, open ended investment companies and unit trusts at preferential terms. Together, the James Hay SIPP and wrap businesses have over GBP13 billion under administration.