Selestia has added fund manager T. Bailey's Growth and Equity Income fund-of-funds to its fund supermarket platform.
The addition comes with 11 other funds, bringing the total number of funds on the platform to 714 from 58 fund managers. The remaining funds to be added are the F&C FTSE All Share Tracker, Fidelity Sterling Bond, M&G Real Yield, New Star Global Financials, Norwich Union International Index Tracker and UK Ethical, Premier European Growth, High Income Bond, UK Opportunities and UK Smaller Opportunities and the Sterling UK Gilt.
Commenting on the additions, Graham Bentley, head of investment marketing at Selestia, said: "Adding new funds to our platform is usually down to IFA demand, they come to us and say they want to use these funds through our facility. We also have fund managers approaching us asking for their funds to be put on our platform."
Bentley adds: "This time round all the funds, barring T. Bailey's, were from fund managers already present on our platform, it was a case of picking up these funds that were missing. However, we will be adding a new list of funds in the near future, which will include several new fund managers."
T. Bailey has already had its funds added to the Cofunds and Transact fund supermarket platform this year, as well as the Amex Wrap Service.
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