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Cofunds adds J M Finn funds

Private stockbroking firm JM Finn & Co has made its UK fund range available on investment platform Cofunds.

The two funds listed by JM Finn & Co, which manages around £4billion for its clients, are the CF JM Finn UK Portfolio and the CF JM Finn Global Opportunities fund.

JM Finn & Co director Simon Temple-Pedersen says the listing is an “important step” in building the firm’s distribution. He says: “By linking up with Cofunds we get immediate access to their enormous client base and inclusion in all their tax wraps such as ISAs, SIPPS and offshore bonds.”

Cofunds director of fund manager relations Russell Lancaster say Cofunds users are increasingly favouring newer asset managers like JM Finn & Co.

He says: “While we are seeing considerable demand for cautious funds or cash on the one hand, on the other there is rising interest in investment boutiques and more specialist funds. As a result, more new entrants are now coming to us because they can see the benefits we can offer them as our user base continues to expand.”

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