American Express Adviser Service (Amex) has announced the addition of five fund management groups to its wrap platform.
The new groups are Bedlam Asset Management, Old Mutual Fund Managers, Prudential Unit Trust Managers, Skandia Investment Management and T.
Bailey Asset Management.
Martin McHarg, Senior Product Manager for American Express Financial Services Europe, said: "These additions have been largely due to a demand issue, everything we do is reactive and when an adviser asks for a fund management group, we will review the options and look at what each group can contribute to the other." These additions, coupled with those of Fidelity, Cazenove, Credit Suisse and Franklin Templeton earlier this year, means that the Amex platform now offers access to more than 4,000 funds from over 270 asset managers.
All-day event on 24 April
Consequences could be more severe than in stress tests
AFH has six segregated mandate funds
Variable operating expenses