PlatformSep 29 2020

Parmenion investment boss retires after 14 years

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Parmenion investment boss retires after 14 years
Simon Brett, chief investment strategist, Parmenion

Investment platform Parmenion's chief investment strategist, Simon Brett, is retiring this week after a 40-year career in finance and investment.

Mr Brett joined Parmenion in 2006, when it was just a start-up, and helped to build the business throughout the 2008 financial crisis and developed its investment management team.

Mr Brett also oversaw the launch of various solutions, including Parmenion’s ethical portfolios whose original launch in 2010 was one of the first ethical MPS on the market, according to the firm.

Mr Brett said during his career the “ups have outweighed the inevitable downs” and that he has learnt some valuable life lessons throughout.

He added: “My time at Parmenion has been particularly special for me. I’ve been involved in many mergers but Parmenion was about building something special and which could evolve over time. 

“In my time here, I have watched a brilliant company grow and innovate. It’s a bit of a contradiction but my last role before retirement has been driving the future for the investment and platform markets. And that has been exciting.

“I am however looking forward to a well-deserved break, though I’ll be keeping an eye on Parmenion and their continued delivery of attractive risk adjusted returns.”

Peter Dalgliesh, managing director of Parmenion Investment Management, added: “[Mr Brett’s] work here has helped us to transform the CIP market and his experience and insight will be sorely missed. 

“His retirement has been long-planned however, and while I will personally miss him, on a professional level I know that the PIM team is in great shape following an extended handover period.

"We are all sad to see him leave but wish him a very happy and well-earned retirement.”

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