7IM to buy Edinburgh-based TCAM

Subject to regulatory approval

Mike Sheen
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Joint-CEO of TCAM Haig Bathgate
Image:

Joint-CEO of TCAM Haig Bathgate

Seven Investment Management (7IM) has agreed to buy Tcam Asset Management (TCAM), subject to regulatory approval, to create a firm with £13.6bn AUM.

The 100% share buy-out will see 7IM leverage TCAM's active management strength, alongside its own specialties in risk management, research and platform capabilities, the groups said. 7IM's Urquhart...

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