Tatton AM completes £7m acquisition of 8AM Global

Tatton has bought 50% of 8AM Global's issued share capital and retains the option to acquire the remaining 50% in due course. The sale and purchase transaction, first announced in April 2022, is thought to provide IFA's with access to an extended range of risk-profiled investments, and complements TAM's existing offering to investors. Post completion, 8AM's AUM is expected to be £800m and it is anticipated to generate adjusted profits of £700m in its first full year under TAM ownership. It currently houses a model portfolio service, three multi-asset funds and Tactical Growth and F...