Diversified Portfolios
New range of funds for 'wealthier' investors
Dan Kilpatrick, 30 November 2011
Parmenion and Sarasin & Partners have teamed up to launch a range of actively managed funds.
The Sarasin Premium Investment Portfolios comprise a range of funds that can be adjusted to meet private investors' risk requirements.
The portfolio will have a minimum investment for advisers' clients of £100,000.
In a statement, it was confirmed that platform provider Parmenion will utilise its in-house investment team to blend the portfolio for individual clients, while Sarasin will provide the underlying portfolio.
Richard Mein (pictured), managing partner at Parmenion, commented, 'Advisers demand a range of solutions from trusted wealth management professionals and we continue to build the investment offering available via our platform. We have joined forces with Sarasin & Partners to provide a range of tailored solutions for wealthier clients.'
Sam Jeffries, private client investment director and head of third party funds at Sarasin said, 'We recognise that most clients have a long term investment objective and these portfolios endeavour to offer solutions with different risk and return profiles that are aligned to clients’ investment objectives.
'The portfolios are anchored on risk grades that have longer term target return objectives. The solutions are designed to match carefully researched collective investments within the framework of individual portfolio construction,' he added.
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