Tatton AM completes £7m acquisition of 8AM Global

Follows record year for flows

clock • 1 min read

Tatton Asset Management has completed its £7m acquisition of model portfolio and investment fund provider, 8am Global.

Tatton has bought 50% of 8AM Global's issued share capital and retains the option to acquire the remaining 50% in due course. The sale and purchase transaction, first announced in April 2022, is thought to provide IFA's with access to an extended range of risk-profiled investments, and complements TAM's existing offering to investors. Post completion, 8AM's AUM is expected to be £800m and it is anticipated to generate adjusted profits of £700m in its first full year under TAM ownership. It currently houses a model portfolio service, three multi-asset funds and Tactical Growth and F...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Companies

Aviva Investors suffers £1.7bn outflows but AUM registers slight uptick

Aviva Investors suffers £1.7bn outflows but AUM registers slight uptick

Assets under management up 2% to £238bn

Cristian Angeloni
clock 14 November 2024 • 1 min read
Chrysalis holding Klarna files for New York IPO

Chrysalis holding Klarna files for New York IPO

14.3% of Chrysalis portfolio

Linus Uhlig
clock 13 November 2024 • 2 min read
Tatton AM launches range of passive funds as AUM surpasses £20bn

Tatton AM launches range of passive funds as AUM surpasses £20bn

Net flows double from last year

Cristian Angeloni
clock 13 November 2024 • 1 min read
Trustpilot