This publication brings latest news of service and product launches in the global wealth management industry.

Progeny, a multi-service professional platform based in Leeds, in the North of England, has launched a discretionary investment business offering tailor-made and model portfolios.

The new business is called Progeny Asset Management. It has been roled out by directors Ian Hooper, Michelle Parkin and Jon Moody, and investment managers Craig Melling and David Battersby. The team is completed by investment manager’s assistant Rachel Blythe.

Progeny Asset Management offers a managed portfolio service, or works with clients to consider a broad range of investments including cash, fixed interest, equities and alternatives such as infrastructure.

The firm's head office is in Leeds and it also has an office in London. Projeny is described as an "integrated platform" and a "network of wealth planners, private client and corporate solicitors, to meet the needs of individuals, families and businesses".