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 ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
