Pacific Investments, the business run by Sir John Beckwith, has launched a multi-asset business, Pacific Asset Management (PAM), and a range of liquid funds, which will become a core focus for the group.
Matthew Lamb, formerly of GAM and most recently global head of liquid alternatives at Deutsche Asset Management, has been appointed head of the division with senior hires expected in the coming months. PAM's first fund range is aimed at retail investors offering liquid multi-asset vehicles while further fund launches are planned for the institutional market. Beckwith said: "This is something we have been planning and working towards for two years. We have built a robust institutional infrastructure to ensure that the new team and funds are fully fledged and ready-for-market." Lamb ...
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