Novia boosts discretionary offering

Thurleigh Investment Managers has launched a set of risk-managed model portfolios on platform Novia.

Under the link-up, Novia advisers will be able to access four multi-asset strategies: very low risk, low risk, medium risk and high risk.

The partnership marks the first time Thurleigh's investment proposition has been made available to advisers - up until now it has managed bespoke portfolios for clients and charities.

Thurleigh's investment committee focuses on top-down asset allocation, using a combination of exchange traded funds and third-party managed funds.

"We believe, partly due to the changes that will be forced on the industry in 2013 by the retail distribution review, there will be a growing demand for our services from the IFA community," said Thurleigh chief investment officer Charles MacKinnon.

"At a time when the appropriateness of risk is under scrutiny, the clarity and transparency of our strategies should help IFAs explain to their clients what risk/return profile to expect."