Parmenion service to offer model portfolios

Parmenion Capital Partners has launched an in-house discretionary investment management service.

Parmenion Fund Research will be distinct from the investment platform service but will give advisers access to the company’s database of fund research.

The service will offer aggressive, balanced and cautious model portfolios to make up its tactical asset allocation profiles.

The company will also offer three risk-based portfolios with an ethical theme, replicating the active, balanced and cautious portfolios except with funds put through an ethical screening process.

“The service will allow advisers to concentrate on growing their businesses by reducing their time constraints and streamlining their investment process,” says Simon Brett, head of Parmenion Fund Research.