Discretionary fund manager Twenty20 Investments is set to put 10 of its exchange-traded fund model portfolios on investment platform Parmenion.

Allan Lane, Managing Partner at Twenty20 Investments

The 10 risk-rated model portfolios are offered on Parmenion’s FinTech50 platform, which includes a fully integrated technology comprising scalable risk mapping tools, commitment to adviser service and a philosophy based on the notion that automation is key to driving down costs to end investors.

The portfolios, which are anticipated to move onto Parmenion in the summer, have an annual management fee of 0.35%. They are constructed using Twenty20’s in-house Digital Investment Engine, which employs a rules based trading signal framework to adapt the asset allocation process in line with changes to the macro economy.

Allan Lane, Managing Partner of Twenty20 Investments, said in a statement: “Our mission at Twenty20 Investments has always been to put the investor first, and we are strong believers that innovative use of technology offers the best hope of driving costs down. Combining Parmenion for its unique Bionic Advice capability with our rules based ETF investment engine seems like a no-brainer as they have built their reputation on the increasing trend for advisors to outsource the investment process to DFMs such as ourselves.”