Some 36 funds have been added to the Selestia platform through the addition of fund managers Baillie Gifford and SWIP.
The new funds join those from 7IM, which recently were added to Selestia. Together Baillie Gifford and SWIP – Scottish Widows Investment Partnership, part of the Lloyds TSB group - have close to £150bn worth of funds under management. Both providers state the growing importance of being put in front of advisers and retail clients via a platform as the main reason for using Selestia’s services. The platform provider says the latest additions take its range of funds to more than 870 from some 67 managers. IFAonline
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