Lombard Odier expands fund distribution through platform partnership
Lombard Odier Investment Management continues to develop its distribution capabilities by making some of its mutual funds available through the Novia Financial and Novia Global Platforms for the first time.
The 17 Lombard Odier IM funds available through Novia Global include some of the group’s most well-known strategies, such as the Convertible Bond fund and Golden Age fund, which invests in equities globally that are expected to benefit as populations grow older.
The inclusion of the 17 funds, many of which are already available on Hargreaves Lansdown’s and Cofunds investment platforms, further builds the group’s distribution footprint.
Novia Global is a multi-currency wealth management service which was launched to the market in October 2015. The platform is available to advisers dealing in the international market, private banks, trust companies and their clients as well as certain other professional investors. Supporting residents (individuals and trusts) based in the Channel Islands, Isle of Man, Switzerland and Europe, Novia Global recently announced the extension of jurisdictions.
“We want to make our diverse range of differentiated funds more readily available to advisers and their clients, and our latest partnership with Novia Group is a reflection of this aim,” said Dominick Peasley, head of Third Party Distribution at Lombard Odier IM.
“We are thrilled to be continually adding to the burgeoning selection of assets on the Global platform and we now offer over 1500 funds on the platform from 67 fund managers and we recently announced the launch of a new DFM service,” said Dave Field, head of Customer Service at Novia Global.