At the beginning of last year Novia partnered with Winterflood Business Services to offer low-cost ETF trading for its clients. Working alongside WBS, Novia is set to launch fractional dealing on ETFs by the end of 2016. Fund Strategy states that fractional shares enable platforms to buy just a fraction of an ETF costing from as little as one penny, as opposed to a whole share which could cost up to £100 each.
In the Financial Times, Charlie Carnegie, research director at Arisaig Partners, and Eric Pedersen, head of responsible investments at Nordea Asset Management, discuss divesting from emissions-heavy dairy and meat industries. Link