Options to Funds: Saxo Unveils New Investment Spectrum for UK Retail Traders

<p><span>Saxo,
a fintech specialist specializing in multi-asset trading and investment, has introduced
its funds offering in the United Kingdom. This new feature allows retail
investors to engage in an array of investments, ranging from short-term
instruments like options to a diverse array of funds. Saxo has curated a
selection of over 6,000 popular global funds, sourced from leading fund
managers, such as Baillie Gifford, BlackRock, Fidelity, Fundsmith, J.P. Morgan,
and Vanguard. </span></p>
<h1><span>Saxo's
Funds Covering Biotech to Utilities</span></h1>
<p><span>The
list includes more than 500 equity funds, 2,000 fixed-income funds, 730
multi-asset funds, and 160 alternative funds, offering exposure to various
sectors, including biotech, consumer staples, real estate, energy, gold,
mining, healthcare, industrial and natural resources, technology,
telecommunications, and utilities.</span></p>
<figure data-media-><img src="https://images.financemagnates.com/images/Charlie%20White-Thomson%2C%20CEO%20of%20Saxo%20UK_id_98f6cea1-f53b-4f30-b1c4-614c14b68a20_size260.jpg" alt="Charlie White-Thomson, CEO of Saxo UK" width="260" height="260" wrapper-="wrapper-" data-src="https://images.financemagnates.com/images/Charlie%20White-Thomson%2C%20CEO%20of%20Saxo%20UK_id_98f6cea1-f53b-4f30-b1c4-614c14b68a20_size260.jpg" aspect-ratio="1" /><figcaption><div>Charlie White-Thomson, CEO, Saxo UK, Source: LinkedIn</div></figcaption></figure><p><span>Saxo's
offering distinguishes itself through its&nbsp;competitiveness, allowing users to purchase funds
with zero commission, no platform fees, and annual custody charges of 0.4% p.a. for classic accounts, 0.2% p.a. for platinum accounts, and 0.1% for
VIP accounts.</span></p><p><span>Funds
serve as the basis for many clients' investment portfolios. With this new
feature, clients can consolidate their entire investment portfolio, including
ISAs and SIPPs.</span></p>

<p><span>Charlie
White-Thomson, the CEO of Saxo UK, commented on the announcement: “</span>The
launch of Saxo’s fund offering overlaps a period of significant market
volatility and geopolitical tension. I have consistently supported active
management including mutual funds as an important part of any well diversified
portfolio.” </p>
<p>“We are in a new paradigm for
markets following the heavy stimulus of rock-bottom interest rates and the
resulting enhanced price performance. In a world where we cannot rely on this
industrial scale central bank stimulation, we should tap into some of the
finest brains within the asset management world, via funds, to assist and boost
performance and help us navigate these volatile financial markets.”</p><blockquote><p lang="en" dir="ltr">Saxo launches
over 6,000 global funds in the UK – <br>The assortment features
more than 500 equity, 2,000 fixed income, 730 multi-asset, and 160
alternative funds. These cover diverse sectors like biotech, real
estate, energy, gold mining, healthcare, technology, and more. Saxo’…
<a href="https://t.co/bKjgPewbyK">pic.twitter.com/bKjgPewbyK</a></p>—
The Industry Spread (@industryspread) <a href="https://twitter.com/industryspread/status/1729082176728175097?ref_src=twsrc%5Etfw">November
27, 2023</a></blockquote>
<h2>Saxo Bank Joins SIFI Club</h2>
<p><a href="https://www.financemagnates.com/">Finance Magnates</a> reported that <a href="https://www.financemagnates.com/forex/saxo-becomes-a-systematically-important-danish-bank/">Saxo
Bank has officially been designated as a Systemically Important Financial
Institution</a>&nbsp;(SIFI) by the Danish Financial Supervisory Authority,
making it Denmark's ninth such institution. SIFIs play a crucial role in the
country's financial system and are subject to strict capital requirements to
ensure financial stability. </p>
<p>Despite being headquartered in
Denmark, <a href="https://www.financemagnates.com/tag/saxo/">Saxo</a> has a
global presence and is known for its brokerage services. The company is
considering going public in Europe, having previously planned a listing on
Euronext Amsterdam, which was terminated in December, citing suboptimal timing.
The CEO stated that the company is keeping its options open for a potential
public offering.</p><p><br></p><script async charset="utf-8" src="https://platform.twitter.com/widgets.js"></script>

This article was written by Tareq Sikder at www.financemagnates.com.