Pacific Asset Management (PAM), part of Sir John Beckwith's Pacific Investments, has entered into an investment partnership with independent financial adviser Strabens Hall.
PAM will manage the central investment portfolios within Straben Hall's Investment Advisory Service (IAS).
Straben Hall's decision to select PAM to run its multi-asset service came following a review of its IAS, which launched in 2013.
Alistair Peel, executive director at Strabens Hall, cited the cultural fit and PAM's pragmatic approach to investing as the reasons for selecting the asset manager.
Ben Sears, head of UK strategy at PAM, commented: "We believe the ultimate alpha is in advice and as modern asset managers, we must provide not just products, but solutions.
"Strabens Hall are a highly experienced team with a deep understanding of investment management.
"In crafting the Strabens Hall portfolios, we have provided their clients access to efficient, highly diversified investment portfolios that harness the benefits of modern multi-asset investing.
"If our 'in-sourced' solutions can help bridge the gap between advice and investment this should lead to more predictable, and ultimately better outcomes for clients."
This is the second strategic partnership PAM has entered with an IFA, after it joined forces with Chartered Financial Management UK in July.
PAM was founded in November 2016, with Matthew Lamb appointed CEO, and launched a range of multi-asset funds the following January, investing across active, passive and smart-beta strategies.
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