UK-based Novia Global has appointed MitonOptimal International, portfolio management division of the MitonOptimal Group, as discretionary fund managers (DFM) partner.
The partnership will see the roll out of five risk-rated DFM portfolios, which will be managed by MitonOptimal, on the new Novia Global platform.
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Commenting on the launch, Novia customer services head David Field said: "We are thrilled to have launched the new flexible DFM service, providing access to a vast range of investment strategies and model portfolios via our discretionary partnerships."
MitonOptimal international sales director Phil Penrose said: "Novia Global’s entry into the international platform space signals a new chapter in this developing market segment. Novia’s pedigree and proven experience in the demanding UK market will see them set new standards in technology, service and fees."
The MitonOptimal Group, which has offices in Guernsey, the Isle of Man, Singapore and South Africa, offers investment management solutions for financial advisors and fiduciary professionals across the world.
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