Caerus appoints new MD and outsources further investment

At its annual conference last week, the group announced that Andy Ferns, a co-founder of the group and former Openwork sales director, has taken on the role of managing director. They also outlined a further three year partnership with Parmenion, which will see it provide discretionary investment management, administration and custody services to Caerus Portfolio Management (CPM), the investment management arm of the Caerus group. The new ‘Caerus Select' proposition features a range of active, passive, income and ethical portfolios, which will be consistently managed over a range of t...