Bringing you live news and features since 2006 

VAM Funds partners with Novia Global and Old Mutual International


VAM Funds’ Close Brothers discretionary fund management range is now available to advisers using the Novia Global investment platform and Old Mutual International’s ‘Investment Portfolio+’.

The new offering to advisers comes with an annual management charge of 0.85 per cent and follows both the recent launch of a D share class option and strong growth enjoyed by VAM over the past 12 months.
Clients of Old Mutual International’s ‘Investment Portfolio+’, which is aimed at South African residents, will now be able to access VAM’s popular Close Brothers fund range and its three distinct strategies. These strategies come with their own risk profile and performance objectives. Advisers can switch their clients between portfolios as their requirements change. Each portfolio is well diversified by both geography and asset class to offer an optimal mix of equities, fixed income and alternative funds, which reduces risk without limiting exposure to opportunity.
The VAM Close Brothers offering will also be linked to the Novia Global investment platform, alongside the fund manager’s VAM Driehaus Fund and a selected single strategy range, including the VAM US Micro Cap Growth Fund and VAM Small Cap Growth Fund.
David Macdonald (pictured), Sales and Marketing Director, VAM Funds, says: “We are delighted to have secured two new agreements that open up a selected range of VAM’s funds to advisers using the Novia Global investment platform and Old Mutual International’s ‘Investment Portfolio+’.
“Over the past twelve months, VAM has continued to customise and adapt its unique product and service proposition to local markets, including the latest launch of our D share class option. As a result, VAM has achieved significant growth since June 2016, growing the number of investors in its Close Brothers fund range by more than 50 per cent and funds under management by over 350 per cent.
“As these two agreements show, VAM is committed to developing the already strong local support we offer our clients across our markets. We firmly believe the new links with Novia Global and Old Mutual International will serve to enhance our offering to advisers within the regions we operate.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by