The three new funds are in cautious, moderate and adventurous buckets, and managed by the firm’s multi-asset team led by Mark Harris.
Harris, head of multi‐asset, said: “Partnering with Novia Global is an exciting development, allowing us to offer a complete investment solution for international intermediaries.
“Risk management is already at the heart of our investment process, and it is logical for us to offer risk‐targeted model portfolios alongside our existing multi‐asset fund range.
“We believe we can deliver attractive returns through our established approach to tactical asset allocation and differentiated fund selection.”
City Financial, which holds $4bn in group assets under management, has enlisted Global Wealth Management Solutions to market the new portfolios.
Dave Field, head of customer service at Novia Global, said: “We are thrilled to have extended the breadth of our DFM offering with the addition of independent asset manager City Financial to the Novia Global platform.
“City Financial’s reputation for investment excellence makes them an ideal addition, and takes the total number of DFMs available on Novia Global to nine.”
