Parmenion launches risk graded multi-asset range

The risk adjusted portfolios, which will be available on the Parmenion platform, include significant allocations to the IFDS Frontier MAP Balanced and the IFDS Frontier MAP Cautious funds. They invest across a range of alternative asset classes, including hedge funds, commodities, managed liquidity, UK equity, commercial property, fixed interest, developed equities and emerging market equities. The seven portfolios will also allocate to index trackers in a bid to keep costs down. Managing partner at Parmenion Richard Mein (pictured) said: "While traditionally these alternative asse...