FundsNetwork adds Hawksmoor to discretionary offering

Fidelity FundsNetwork has added Hawksmoor Investment Management to its discretionary management service.

Under the tie-up, advisers will be able to utilise Hawksmoor's actively managed model portfolios via the platform.

With Hawksmoor Investment Management having offices in Exeter and Ipswich, the partnership marks the first regional discretionary manager to join the platform's discretionary service.

The link-up brings to three the number of discretionary managers available via FundsNetwork, coming in the wake of the platform adding Ingenious and Vestra Wealth.

"Model portfolios and discretionary management are becoming increasingly popular with advisers and over the course of this year we will continue to extend the range of discretionary managers available on the platform as we believe choice for advisers is paramount," said Fidelity FundsNetwork head of sales Paul Richards.