International investment management firm Peregrine & Black has promoted two members of its investment team as it launches an integrated discretionary fund management (DFM) service for external IFAs.
The DFM service will be headed by Graham Withers who has been elevated to head of discretionary wealth management at the firm, a newly created position. Withers, a former Rathbones investment director for 25 years, joined Peregrine & Black in June 2019.
In addition, Chris Redman has been made head of responsible investment. He joined Peregrine & Black in December 2018 from Raymond James Investment Services.
The pair will work alongside head of fund solutions Nick Marshall and business development manager James Brooks on the DFM offering which makes the firm’s four investment services, previously only available to direct clients, accessible to external IFAs.
Composition
Withers heads the bespoke portfolio management service which uses a combination of UK and international direct equities, corporate and government bonds, exchange traded funds and collectives.
Marshall leads the firm’s model portfolio range consisting of four risk-rated portfolios – defensive, cautious, balanced and growth –available on several third-party platforms.
The firm’s ESG portfolio service and its Aim IHT portfolio solution are headed by Redman.
Peregrine & Black chief executive Phil Gent said: “We now have the full range of investment options available for both direct clients, and where we also work alongside financial planners.
“We believe that there are exciting days ahead for Peregrine & Black.”
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