Tatton Asset Management to purchase 50% of 8AM amid 'record' inflows

26.1% AUM increase

Lauren Mason
clock • 2 min read

Tatton Asset Management has entered into a sale and purchase agreement of 50% of 8AM Global Limited’s issued share capital for £7m, with the option to require the remaining 50% at a later date.

Andover-based investment services firm 8AM, which is headed up by partners Jeremy Nunn, Tom McGrath and Clive Moore, has a model portfolio service and three multi-asset funds, as well as its Tactical Growth and Focused funds. The model portfolios and funds will "complement TAM's existing proposition", according to the firm, with the proposed acquisition set to provide IFAs "access to an extended range of risk profiled investments utilising 8AM's experience, investment style and approach".  The acquisition, which is expected to take place when 8AM's AUM is approximately £800m, was anno...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers say 'cash returns don't cut it' as equity exposure soars

Advisers say 'cash returns don't cut it' as equity exposure soars

Three quarters of advisers have helped clients increase equities exposure

Hope Coumbe
clock 14 June 2024 • 1 min read
Goal progression: What matters most to younger investors

Goal progression: What matters most to younger investors

Many advisers are trying to win over and retain more younger clients

Gordon Titman
clock 13 June 2024 • 4 min read
Darius McDermott: What will be the catalyst for real assets?

Darius McDermott: What will be the catalyst for real assets?

Real assets are providing increasingly important in the AI boom

Darius McDermott
clock 07 June 2024 • 4 min read