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City Financial, the London-based asset management group, has signed an agreement with Novia Financial plc for their funds to be amongst the first listed on the new Novia WRAP platform..

The following funds are now available to professional advisers and their investors directly through Novia’s WRAP platform:

City Financial MultiManager Growth Fund
City Financial MultiManager Income Fund
City Financial Diversified Absolute Return Fund
City Financial UK Select Alpha Fund
City Financial Strategic Gilt Fund
City Financial Strategic Global Bond Fund

Commenting on the agreement, Andrew Williams, Chief Executive of City Financial, said: “City Financial offers advisers and their investors a series of mutual funds managed by individuals who are masters of their craft, such as the market-leading City Financial Strategic Gilt Fund and the City Financial Strategic Global Bond Fund.
As part of City Financial’s ongoing commitment to make its funds available to IFAs through industry-leading platforms, we are delighted that the entire range of funds is now available through Novia. I expect it will contribute significantly to creating further awareness among IFAs of our innovative investment solutions.

We wish Novia well with the launch of their new platform and firmly believe that they will be amongst the winning propositions in the race to provide the very best platform solutions for advisers and their clients.”

Bill Vasilieff, CEO of Novia said, "We are really very enthusiastic about adding City Financial’s funds to our increasing range, providing a greater choice of market-leading investments for our platform users”.

“We’re constantly reviewing our investment options to provide a comprehensive offering to investment advisers and their clients across a range of product wrappers. City Financial’s Gilt and Global Bond funds, in particular, both look like great solutions for investors looking for solid solutions in these difficult equity-market conditions”