Novia has appointed Apollo, Xcap, Henderson Rowe and City Asset Management to its board of discretionary managers, Financial Times reports. The addition comes after Novia became the first platform in the U.K. to add a range of SPDR exchange-traded funds.

Each of the managers will provide advisers with a range of risk-graded model portfolios via the platform, including multi-asset strategies and passive funds. Novia delivers platform-based wealth management service for investment advisers and their clients.

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