Prudential has consolidated its International Prudence Bond (IPB) range by adding a further 20 funds to its offering, bringing it to 45 in total.
The new funds include multi-asset managed funds from Prudential, as well as funds from M&G, Invesco Perpetual, HSBC, Newton, Fidelity, UBS, Mellon, Morgan Stanley and Barings Asset Management.
Matthew Williams, director of Portfolio Management within the PMG (Portfolio Management Group), said: "The new funds were added following a top-down review of all fund choices, the extension now means advisers can select managed or single asset fund across a wide risk spectrum. There is also a high degree of flexibility offered with 20 free switches available a year."
The PMG team also runs the £63bn Prudential With-Profits fund, which is one of the largest in the United Kingdom.
The IPB range has also introduced improved flexibility with Dollar (US), Euro and Sterling options available across selected funds. This is designed for both UK resident investors, who may look to work or retire abroad, and investors with different currency requirements, such as in the Channel Islands, Isle of Man and Middle East offshore markets.
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