Tatton Asset Management (Tatton AM) has launched a range of passive funds targeted at IFAs.
The mandates have already received an initial investment seeding £1m, which will be repaid "when the funds have reached an appropriate scale", the firm said in its interim results for the six months to 30 September 2024 published today (13 November). Tatton said the funds have been launched in response to demand from IFAs, and will offer a low-cost, diversified investment option that "aligns with the principles of long-term wealth accumulation". The firm recorded a 34.9% increase in assets under management and/or influence (AUMI) to £19.9bn during the period. Since the end of Septembe...
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