Parmenion has been selected as the sole provider of investment infrastructure for CAERUS Portfolio Management Limited (CPML), the fund management arm of CAERUS Capital Group.
Under the tie-up, Parmenion will provide discretionary investment management services along with online administration for the CAERUS Investment Portfolios available through CAERUS advisers.
The CAERUS Investment Portfolios are constructed across a spectrum of risk grades using both CPML funds and "best of breed" third party funds.
The investment offering will be available in both passive and active variants with Parmenion controlling the day to day management under a discretionary management agreement.
"With RDR less than seven months away we are seeing an increasing number of advisers turning to us for our investment platform and range of investment solutions that can be individually tailored to the needs of each client," said Parmenion managing partner Richard Mein (pictured).
£300bn of liabilities
View from the front row
Transfer from occupational scheme
Appointed by FCA and PSR boards