Parmenion adds Waverton portfolios to adviser platform

15 7 19 Parmenion 0474
For financial professionals only

Parmenion, voted UK Platform of the Year at the 2022 Schroders UK Platform Awards, today announces that it is further expanding its investment proposition with the addition of portfolios from Waverton Investment Management.

This addition gives advisers and their clients access to Waverton IM’s DFM (discretionary fund management)  solutions, along with Parmenion’s own award-winning DFM model portfolio solutions.

Six portfolios from the Waverton Managed Portfolio Service will be fully integrated with Parmenion’s market-leading technology. The portfolios offer different risk profiles, ensuring advisers will be able to match the right portfolio to their client’s investment style preferences and tolerance for risk.

The Waverton managed portfolios joining the Parmenion platform are:

  • Conservative
  • Defensive
  • Cautious
  • Balanced
  • Growth
  • Equity

Waverton Investment Management is an independent investment manager with offices in London and Scotland. The owner-managed firm has assets under management of £9.1bn. It designs and manages award-winning investment solutions for financial advisers, private investors, charities, and institutional investors, with a strong commitment to client service. Waverton aims to deliver inflation-beating returns over the long term through an active and flexible multi-asset approach which incorporates responsible investing.

Parmenion CEO Martin Jennings commented:

“We are very pleased to add Waverton Investment Management’s managed portfolios to the Parmenion platform. We like Waverton’s meticulous approach to portfolio construction and careful risk management. Their portfolios will complement our existing DFM offering, which we have grown significantly in the last 12 months with the addition of the best quality investment managers the industry has to offer.  We look forward to continuing to serve advisers and their clients with our newly expanded range of outstanding portfolios.”

Mark Barrington, Head of Intermediary Sales at Waverton Investment Management, said:

“We are delighted to be able to offer our portfolios via the Parmenion platform.  Launched in 2012, Waverton's MPS has a ten-year track record and has achieved an impressive outperformance since inception, with several features that we believe sets it apart from more standard, or traditional approaches.

It is comprised of four Waverton ‘building block' OEIC funds which are run by our dedicated investment team. We then offer six strategic mandates made up of different proportions of these components to cater for different risk profiles. These weightings can then be adjusted tactically when deemed necessary, with minimal friction

For advisers seeking a genuinely active investment manager with a global and predominantly directly-invested solution, with the benefits of downside protection and an integrated approach to ESG, Waverton can be a good fit.”

Parmenion’s ambitious growth strategy has seen it broaden its offering to advisers since 2022, launching market-leading propositions and reinforcing its reputation for outstanding service. The platform has added model portfolios from Brooks Macdonald, Schroders, LGT, Morningstar, Brewins, ebi, Tatton Investment Management and iBoss to its adviser proposition in the past year.

This article is for financial professionals only. Any information contained within is of a general nature and should not be construed as a form of personal recommendation or financial advice. Nor is the information to be considered an offer or solicitation to deal in any financial instrument or to engage in any investment service or activity.

Parmenion accepts no duty of care or liability for loss arising from any person acting, or refraining from acting, as a result of any information contained within this article. All investment carries risk. The value of investments, and the income from them, can go down as well as up and investors may get back less than they put in. Past performance is not a reliable indicator of future returns.  

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