Assetco splashes £28m on 30% stake in Parmenion
Comes hours after Standard Life Aberdeen offloads adviser platform to private equity firm Preservation Capital
Parmenion
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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’
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Parmenion manager returns after six-month fintech liaison
Harry Garrett enjoyed a brief stint at platform start-up Adalpha
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Parmenion and Sanlam launch onshore bond
Discretionary fund manager and platform provider Parmenion has partnered with Sanlam to launch an open-architecture onshore bond.
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US ESG demand starting to transfer to UK retail market
The rising popularity of ESG retail funds in the US is starting to take hold among retail investors in the UK, according to Parmenion investment manager Andrew Gilbert.
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Parmenion takes risk off the board
Parmenion has decided to take risk off the table within its range of risk graded portfolios.
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Aberdeen cements digital focus with new hire
Aberdeen Asset Management has created a new digital division to be headed up by Martin Jennings, former UK CEO of platform technology provider FNZ.
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Parmenion founder Mein dies aged 52
Richard Mein, founder and chief executive officer at Parmenion, has died following a short battle with cancer.
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PA ANALYSIS: Nothing to fear from the ‘rise of robo-advice’
Journalists love conflict. It sells newspapers. It gets people tuning in to radio and TV. Which is why we are so quick to frame something as a battle between two diametrically opposed sides.
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Aberdeen buys Parmenion to assure fintech future
Aberdeen has acquired Parmenion Capital Partners and its sister company Self Directed Holdings in a bid to bolster its financial technology offering.
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Parmenion unveils dynamic active/passive solution
Parmenion Investment Management has launched Conviction solution, a client portfolio offering a dynamic active/passive split.