Wealth manager Raymond James Investment Services has agreed a distribution deal with investment manager AllianceBernstein (AB), offering nine of the firm's funds on its platform.
The range of funds includes equity, fixed income and multi-asset products, covering a mix of asset classes and sectors. They range from exposure to the US stock market and European corporate bonds to a multi-asset approach in emerging markets. Additional funds from AB's Luxembourg-domiciled range, of which almost three-quarters (74%) have a four or five star Morningstar rating, are expected to be added to the platform in due course, AB said. The Raymond James network includes 97 IFAs across the country, including 35 Raymond James-branded branches, 17 co-branded branches and 45 d...
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