Parmenion adds risk rated portfolios to platform
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Parmenion has added a range of seven investment portfolios incorporating a core holding of Frontier Investment Management multi-asset funds to its platform.
The portfolios are available on Parmenion’s platform and have significant allocations to the IFDS Frontier MAP balanced Fund and the IFDS Frontier MAP cautious fund.
The firms say funds have been blended with selected passive funds across six asset classes, selected by Parmenion to make up the risk graded range.
The Frontier funds are exposed to hedge funds, managed futures, commodities and global real estate alongside the traditional asset classes of equities and fixed income.
Parmenion managing partner Richard Mein says: “Whilst traditionally these alternative asset classes are only available to large portfolios and institutional investors, this approach offers uncorrelated performance exposure to the mass market.”
Frontier head of intermediary business Andrew Cracknell says: “Leading financial planners increasingly recognise the importance of properly diversified portfolios that can be accessed in a low cost and liquid manner.”
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