Novia launches risk-rated portfolios

The funds have a charge of 0.25% and consist of 10 risk-rated, actively managed portfolios blending traditional funds with ETFs, using a range of alternative investments. These new offerings come hot-on-the-heels of the wrap teaming up with Premier Asset Management to offer model portfolios as part of a discretionary fund management service. London & Capital head of adviser solutions Bruce Ely-Johnston says advisers are increasingly looking to outsource discretionary fund management because of the challenges presented by the RDR.  "Through our partnership with Novia we are deliveri...