DFM business Titan Asset Management has agreed to provide an international model portfolio service (MPS) to the advisers and clients of the Novia Global platform.
This agreement comes several weeks after Titan Wealth secured a major investment from US-based private equity firm Parthenon Capital.
Both the international MPS and the UK MPS solutions will be available via Novia Global. The portfolios are risk rated and include ESG options.
All are managed by John Leiper, Titan Asset Management’s chief investment officer, and his investment team.
Titan Asset Management, which is part of the Titan Wealth Group, currently oversees assets under management in excess of £1.6bn ($2bn, €1.82bn) through the Acumen Portfolios, Mazarin Funds and a range of MPS solutions.
Mark Livesey, head of sales at Titan Wealth: ‘’The partnership with Novia Global further emphasises our desire to partner with IFAs both within the UK and offshore. Novia Global are preeminent in the offshore market and we are delighted to be working with them to deliver a great service for both clients and advisers.’’
Steve Andrews, chief executive of Novia Global, said: ‘’We are delighted to be adding such a well-respected DFM to our platform. Titan Wealth provides access to a diverse range of investment opportunities and has a long track record of managing money in all market conditions.
“We are always looking for ways to improve our investment offerings, and we are confident that the addition of Titan Wealth will further enhance the value we provide to our advisers and their clients.”
This comes months after Titan AM partnered with DFM consultancy firm Maplesden Griffin & Partners to roll out model portfolios for international market.
