Novia links with Premier for discretionary fund service

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Novia is teaming up with Premier Asset Management to offer a discretionary fund management service for advisers.

The initiative will see Guildford-based Premier provide both a model portfolio and bespoke service to advisers using the Novia wrap. Novia CEO Bill Vasilieff says: "We're seeing steady growth in the use of model portfolios which Premier can provide, as well as bespoke portfolio management for individuals, charities or corporates." All types of funds will be available on the model portfolios, he adds, with the discretionary manager able to change fund holdings instantaneously. Funds for the model portfolios will be selected from Novia's range, which include over 100 passive funds w...

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