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Fofs make onshore bond debut on Selestia platform

Selestia has signed up T Bailey Asset Management’s two funds of funds to the platform.

The move means that T Bailey’s growth and equity income funds are available to onshore bond investors for the first time.

The funds were added to the Cofunds and Transact supermarkets and Amex wrap service earlier this year and are already available via self-invested personal pensions, Isas and offshore bonds.

T Bailey sales director Rob McGrath says the move is in response to a number of requests to invest via onshore bonds.

Total assets under management at T Bailey have topped £117m for the first time in the past year.

Selestia head of investment marketing Graham Bentley says: “The addition of these funds from T Bailey will provide our advisers with a fund of funds option demonstrating strong and consistent performance figures.

“We are pleased to have them on our platform, taking our total funds now to 714 from 58 fund managers.”

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