Parmenion adds IBOSS portfolios to adviser platform
Firm brings across 32 models spanning a range of risk grades
Parmenion
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What lies ahead for markets in the coming months?
Fixed income, Asian equities, ETFs and hedge funds are some of the areas touched on by industry experts in December
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What do the experts think of US tech stocks?
Every month, Portfolio Adviser asks a cross section of industry commentators for their views on the same topic
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Portfoliometrix bolsters business development team with Parmenion hire
Dean Swindell held roles at Brewin Dolphin and WHI Stockbrokers
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Parmenion adds five Brooks Macdonald MPS ranges to its platform
The move is the latest in the adviser platform’s ‘ambitious growth strategy’
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Parmenion sells down UK equity income and ups corporate bonds to neutral
After concluding economy is in the early stages of a recession
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Swirling sale rumours ratchet Parmenion’s value up fourfold
Preservation Capital Partners and Assetco acquired the business just 18 months ago for £102m
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Parmenion swoops on £1.9bn Midlands DFM
Deal forms part of adviser platform’s ‘ambitious growth strategy’
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Parmenion moves overweight govvies
But retains higher allocation to alternatives
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Assetco splashes £28m on 30% stake in Parmenion
Comes hours after Standard Life Aberdeen offloads adviser platform to private equity firm Preservation Capital
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SLA offloads Parmenion to European private equity firm in £102m deal
Sale is to simplify SLA’s adviser strategy around its Wrap and Elevate platforms
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SLA seeking to offload Parmenion comes as no surprise to platform experts
Chief executive Stephen Bird is seeking to offload the IFA platform to cut ‘cost and complexity’