Parmenion’s stellar hat trick
The top-rated investment providers service category includes 14 companies, the same as last year. Parmenion Capital Partners remains the top performer.
To come top once is good. Twice in a row is excellent, but three times in a row requires a new level of excellence. That is the accolade given to Parmenion, whose exceptional performance attracted the attention of Aberdeen Asset Management that has acquired the firm.
Accolades must also go to Russell Investments, which enters the investment providers table for the first time in the top category, just behind Parmenion.
Other entrants to this service category include Close Brothers Asset Management, up from last year’s three-star performance, and Canada Life, rising from last year’s four-star rating.
Departing the top-rated category for four-star rating is Seven Investment Management (7IM), which was acquired by investment trust Caledonia in September. Joining them is Nucleus.
Apart from Parmenion, those retaining their place in the top service level include Royal London Asset Management, Transact, Axa Wealth International, Prudential, LV=, MetLife Europe, Octopus Investments, Quilter Cheviot, and Brooks Macdonald Asset Management. The Axa Elevate platform remains in this year’s top-rated category, but under the Axa Wealth name.
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Five-star providers: excellent service
Parmenion Capital Partners
Russell Investments
Royal London Asset Management
Transact
Axa Wealth International
Prudential
Axa Wealth
LV=
MetLife Europe
Close Brothers Asset Management
Octopus Investments
Quilter Cheviot
Canada Life
Brooks Macdonald Asset Management
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Good service category is down by one
The top position is taken by Smith & Williamson, which enters the investment providers tables for the first time.
New entrants to this ratings category include Virgin Money and FundsNetwork, which is up from its three-star service category in 2014. Joining the four-star category from a five-star category last year are Nucleus and Seven Investment Management (7IM).
Canada Life rose from this category to the five-star category this year. However, Sanlam Investments & Pensions, Premier Asset Management, Vanguard, F&C Investments and James Hay Partnership are on a three-star rating this year.
Remaining in this service category are Standard Life Investments, Axa Investment Management, Architas, Rathbone, Aviva Investors, Investec and Novia. Skandia remains having been rebranded Old Mutual Wealth.
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Four-star providers: good service
Smith & Williamson
Standard Life Investments
Axa Investment Management
Old Mutual Wealth
Seven Investment Management
Architas
Rathbone
Nucleus
Aviva Investors
Virgin Money
Investec
Novia
FundsNetwork
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Kames comes up from two-star
The three-star service category has seen more change than most, shrinking in size from 18 to 12 companies. Rising from the two-star service category to the top of this category is Alliance Trust Investments. Kames Capital has also risen from a two-star rating in 2014.
Four companies have dropped into this category from the four-star service category: Premier Asset Management, Vanguard, James Hay and F&C Investments.
