New Stocks & Shares ISA Allowance

jicms

I currently hold stocks and shares ISAs in a Nutmeg account and Vanguard LS 60 and HSBC Global Strategy through iWeb. 
I have to decide what to do with this year's ISA allowance.  Any thoughts on whether I should just top up one of these existing funds or diversify with for example AJ Bell, Blackrock or Baillie Gifford Global Discovery which sounds interesting.

eskbanker

You're already heavily diversified with those overlapping multi-asset funds with their thousands of underlying equities, so there's no need to do anything else for diversification's sake, but have you identified a gap between your holdings and what you feel you need in order to meet your investment objectives?

jicms

There seems to be quite a difference in performance between the robo investors so feel it's best not to commit too much to any particular one.

I'm considering being slightly more adventurous in the hope of beating the market with higher returns. 

Albermarle

 Any thoughts on whether I should just top up one of these existing funds or diversify with for example AJ Bell, Blackrock or Baillie Gifford Global Discovery which sounds interesting.

As AJ Bell is a platform then just having another platform does not in itself diversify your investment portfolio .

Indirectly it might if there were investments available with AJ bell that were not available with IWeb , but for mainstream investments that seems unlikely.