Cofunds, the independent financial planning platform, has expanded its short extension range with a 130/30 fund from Edinburgh-based UK equities specialist boutique Cartesian Capital.Cofunds, the independent financial planning platform, has expanded its short extension range with a 130/30 fund from Edinburgh-based UK equities specialist boutique Cartesian Capital.

The Cartesian UK Equity 130/30 Fund, which is managed by Jeremy Hall, is ranked ninth out of 455 in the Lipper Global Equity UK sector and has outperformed the FTSE All-Share Total Return Index by 15.2 per cent between its launch on 8 November 2007 and the end of last year.

The fund builds on Cartesian's long and short stock-picking pedigree.

Russell Lancaster, Cofunds director of fund manager relations, says: "Extending the breadth of our already impressive range of funds on platform with the addition of the 130/30 fund from Cartesian is one of many steps we are taking to ensure advisers have access to all the top fund managers and fund types.'

Hall says: "Through our proven investment process and long-term, pragmatic approach we believe we can offer investors strong performance in all market conditions. Cofunds' size and reach affords us a great opportunity to get in front of a whole new tranche of advisers and we believe the 130/30 fund will appeal to those seeking superior, long-term returns."