Parmenion Capital Management LLP (“Parmenion”) announces that they have agreed terms whereby David Christie will relinquish his role as a working partner of the Company.  David has been instrumental in setting up the outsource investment management company but for personal reasons he has chosen to pursue other business interests more conducive to his present circumstances.  He retains his general partner interest in Parmenion and will continue to support the Company as it builds upon its success and establishes a leading position providing investment services to the IFA community.