Pacific AM acquires Parallel IM in Fidelius Group tie-up
Largest strategic partnership to-date for Pacific
Jim Grant of Fidelius Group and Matthew Lamb of Pacific AM
Pacific Asset Management has entered into its largest strategic partnership to date, which will see the investment manager acquire Chartered financial planner Fidelius Group's DFM arm Parallel Investment Management.
The partnership will also see Pacific take on Fidelius' range of risk-targeted model portfolios, while the Bath-based Chartered financial planner will take control of the investment manager's financial...
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