PIM Defaqto Ratings 2022: recognising sparkling performance

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For financial professionals only

Parmenion Investment Management (PIM) are proud to have been awarded 5 Diamonds by Defaqto for twelve of its portfolio solutions. This puts PIM at the very top among platform managed investment solutions.

PIM Ratings for 2022

PIM has achieved the top 5 Diamond rating for twelve different portfolio solutions. This means Parmenion has secured more ratings than any other DFM manager and remarkably over a third of all the 5 Diamond ratings achieved this year (Defaqto, 2022).

Diamond

What are the Diamond ratings?

Defaqto are well known for their Star ratings of over 12,000 financial services proposition in savings, mortgage, insurance and banking. All investment carries risk and it is important advisers and their clients understand this but Defaqto can help advisers navigate the range of options (1). Recognition of Defaqto among consumers is extremely high and they are frequently referenced in TV and print media campaigns (2).

Where Star ratings reflect the features of propositions, Diamond ratings reflect investment outcomes. Ratings are based not on subjective judgements, for example by award committees, but on a consistent, researched scoring methodology called Data Numerical Analysis (DN­­A) (3).

The key factors that managed portfolio services (MPS) are assessed on are:

  • performance over the past year, adjusted for risk level
  • competitiveness considering price, consistency and manager experience

Once all portfolio ranges have their scoring confirmed, the whole market is divided into 5 categories and awarded from 1 to 5 Diamonds, reflecting their quality.

5 Diamond rated portfolio ranges
Parmenion Strategic Multi Option ActiveParmenion Strategic Ethical Active (A)
Parmenion Strategic Multi Option PassiveParmenion Strategic Ethical Active (B)
Parmenion DT Multi Option ActiveParmenion Strategic Ethical Active (C)
Parmenion DT Multi Option PassiveParmenion Strategic Ethical Active (D)
Parmenion PIM Tactical ActiveParmenion Strategic Guardian
Parmenion Strategic ConvictionParmenion Vanguard LifeStrategy

“In having twelve 5 Diamond Rated ranges across the MPS service they offer, Parmenion demonstrate a consistent investment process which is applied whether the portfolio ranges are active, passive, investing for income or ethical (ESG) in their core mandates. Having 5 Diamond Rated portfolio families demonstrates high quality MPS ranges against a whole of market peer group when considering past performance, comparable fees, and other factors such as manager tenure and the number of portfolios being offered in each MPS range.’’

Fraser Donaldson

Insight Analyst DFM & Funds, Defaqto Ltd

Letting your clients know

To celebrate the excellence of these PIM portfolios, evidenced by these Defaqto ratings, we’ll be including the new rating logos in our literature and our communications where relevant. If you’d like to feature our 5 Diamond ratings in your own client facing reports about these solutions, such as suitability recommendations, please get in touch. We’ll be pleased to help.

Past performance is not indicative of future performance

(1) https://defaqto.com/defaqto-star-ratings/

(2) https://www.defaqto.com/fund-managers/fund-reviews/

(3) https://www.defaqto.com/advisers/ratings/diamond-ratings/

This article is for financial professionals only. Any information contained within is of a general nature and should not be construed as a form of personal recommendation or financial advice. Nor is the information to be considered an offer or solicitation to deal in any financial instrument or to engage in any investment service or activity. Parmenion accepts no duty of care or liability for loss arising from any person acting, or refraining from acting, as a result of any information contained within this article. All investment carries risk. The value of investments, and the income from them, can go down as well as up and investors may get back less than they put in. Past performance is not a reliable indicator of future returns.  

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