Parmenion sees surge in assets post-RDR

Discretionary fund manager Parmenion Capital Partners saw its assets under management more than double in the year to the end of March 2013.

The firm said the RDR had sparked even more demand for its “insourced” centralised investment proposition and said it had seen £200m in new assets in the first quarter of its new financial year. Parmenion currently has total assets of £750m.

Parmenion now has more than 1,600 financial advisers registered to use its various investment services.

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