Novia launches risk-rated portfolios

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Novia has linked up with wealth manager London & Capital to offer 10 actively-managed 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...

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