Zurich has added four investment trusts to its 'Zurich Collection' fund list, in partnership with Richard Romer-Lee's Square Mile Consulting.
The four investment trusts are the £502 million Finsbury Growth and Income trust, the £872 million Temple Bar trust, the £419 million NB Global Floating Rate Income trust and the £324 million TwentyFour Income trust.
These initial four trusts have been selected by Square Mile Consulting, which reviews the Zurich Collection quarterly focusing on capital accumulation, income provision, capital perservation and inflation protection.
Zurich UK Life head of retail wealth propositions Mark Peters said: 'The addition of investment trusts within the Zurich Collection range adds a further option for advisers using our platform and who want to use this important asset class to drive the right outcomes for their customers.'
Annabel Brodie-Smith, a director at The Association of Investment Companies, added: 'It’s encouraging that some investment companies have been added to the Zurich collection.
'Advisers often ask us who independently rates investment companies and now there is a new source entering the market. With their strong long-term performance and their unique advantages over other funds when it comes to delivering a higher or growing income, investment companies have much to offer to clients’ portfolios.'