JPMorgan Asset Management has teamed up with Cofunds to offer ten Luxembourg-domiciled funds on the independent platform.
Advisers will be able to access the JPM Highbridge Statistical Market Neutral fund and JPM Sterling Liquidity fund from Monday 16 February.
The other eight funds available on the platform will be: JPM Emerging Markets Small Cap, JPM Europe 130/30, JPM Europe Select 130/30, JPM Global Dynamic, JPM Income Opportunity, JPM Africa Equity, JPM UK Equity and JMP Sterling Bond.
"For the first time, advisers now have easy access to our offshore SICAVs and can more readily include them when building portfolios designed to withstand today's difficult markets," says Mike Parsons, head of UK distributor sales at JPMorgan.
"By offering a good choice of offshore funds through Cofunds, advisers will be better equipped to build even more robust and diverse portfolios for their clients."
He says: "Traditionally offshore funds have never really been a mainstream investment tool for UK retail investors despite offering genuinely diverse and practical benefits whatever the individuals' attitude to risk."
Parsons believes offshore funds will become a 'very prominent' and 'perfectly natural' part of a UK investors' portfolio through initiative such as this one.
JPMorgan is offering 3% commission on SICAVs for any IFAs purchasing the funds via Cofunds. Renewal commission of 10bps is available for the Sterling Liquidity fund. There is no initial commission or discount available on all cash funds.
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