The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Novia Global
International platform provider Novia Global has launched a MiFID II-authorised platform – Novia Global Europe. It gives financial advisors across the EU access to a more transparent, service-led and efficient way of managing cross-border investments.

Based in Cyprus and regulated by the Cyprus Securities and Exchange commission, the new platform marks a milestone in Novia Global’s commitment to supporting international advisors.

The platform is designed to tackle administrative difficulties and complexities in the international advisory landscape, including regulatory, jurisdictional and taxation requirements.

Novia Global Europe, which is led by managing director Antonis Papaioannou, offers access to a range of funds, discretionary fund managers, and model portfolios, through a digital-first platform regulated by CySEC. The platform operates within the EU’s regulatory framework, giving advisors the confidence to deliver compliant cross-border investment solutions.

“We launched it to make life easier for advisors and deliver the platform experience they’ve been asking for – one built around service, transparency and trust,” Steve Andrews (pictured), CEO of Novia Global, said. “Advisors operating in the EU want platforms that offer simplicity, speed, support that allows the advisor to retain control. It’s about giving advisors the confidence to focus on clients – not paperwork. That means clear oversight, real-time access to portfolios, and a team that genuinely has their back.”

Shard Capital
Shard Capital, a London-based wealth and asset management firm has launched its new flagship series of investment strategies, the Permanent Portfolio range.

The Permanent Portfolio approach was soft launched internally in 2020, and the results have been positive, the firm said in a statement. The Permanent Portfolio range, which includes risk profiles from cautious to steady growth, is available to clients of independent financial advisors across the UK, Europe and Internationally.

The Permanent Portfolio’s investment objective is to preserve and grow client assets in excess of inflation across different economic regimes, and provide protection against severe market drawdowns. An intelligent rebalancing framework underpins the product range, only rebalancing when an asset contributes too little or too much to risk, as opposed to a fixed frequency rebalancing framework. 

The Permanent Portfolio range was designed in response to the Shard Capital investment team’s conviction that traditional the 60/40 portfolio mix of equities and bonds and variations, is no longer fit to meet the needs of investors in an economic regime characterised by an increasingly uncertain and volatile inflationary backdrop, and the resulting devaluation of fiat currencies.

“Our expectations are that rising debt bubbles, demographic headwinds and technological advances, will underpin socioeconomic and geopolitical uncertainty, resulting in increasingly volatile inflationary regimes and challenging economic growth, which we have not experienced in a post-WWII era,” Ernst Knacke, head of investment research, at Shard Capital, said. “The Permanent Portfolio launch marks a new generation of investment solutions that is fit for the future – shielding against severe capital market dislocations whilst capturing the benefits of an improved diversification profile. Lower volatility, with better returns.”

The Permanent Portfolio range is available in GBP, euros and dollars directly with Shard Capital or via third-party platforms.