Novia launches Vanguard funds

Novia, the full service wrap provider, has announced that it is now offering Vanguard Investments’ UK and Irish funds on its platform.

In total eleven of Vanguard’s comprehensive range of passively-managed funds will be available; an asset class that is proving very popular with advisers using Novia’s platform. Vanguard oversees more than £320 billion in equity and bond index mandates worldwide, and has more than three decades of index management experience.

Bill Vasilieff, chief executive officer, Novia, comments: “Our investment range continues to grow and Vanguard offers advisers a very strong range of passively-managed funds from the world’s leading provider of passive funds. These funds allow advisers to gain global exposure for their clients backed by a fund manager that manages over $1.3 trillion in assets.”

Tom Rampulla, managing director, Vanguard Investments U.K., comments: “We look forward to working with Novia, one of the fastest growing platform providers in the UK. At Vanguard we pride ourselves as being the leading provider of high-value, low cost investment products and services, which are supported by our clear business approach that focuses on client needs. We know that Novia’s advisers are already placing significant amounts in passive investments and we are, therefore, very pleased that they will be offering our range to their professional intermediaries.”