Pacific Asset Management (PAM), part of Sir John Beckwith's Pacific Investments Group, has appointed former Aberdeen Standard Investments (ASI) G10 macro rates team, with plans to launch a fund by the end of the year.
The team is led by investment directors Shayne Dunlap and Richard Marshall, alongside portfolio manager Oleg Gustap. The trio joined Standard Life Investments in 2015, which merged with Aberdeen AM last year to become ASI, and were responsible for running the former Ignis Absolute Return Government Bond fund, after previous managers Russ Oxley, Paul Shanta and Adam Purzitsky left to join Old Mutual Global Investors in 2014. The fund subsequently closed in December 2017. Prior to ASI, Dunlap and Marshall worked together on Mizuho's proprietary trading desk for 15 years, specialising in...
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