Novia's DFM Copia beats IA sectors in strong first year

Laura Miller
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Discretionary fund manager (DFM) Copia Capital Management - part of the Novia group - has reported its first annual performance figures since it began trading a year ago, which show it has beat The Investment Association (IA) industry sector average across all ten risk models.

The DFM, which launched at the end of 2013, offers ten risk-rated model portfolios which utilise active asset allocation to low cost passive investments such as tracker funds and exchange traded fu...

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