London-based Pacific Investments, which was behind the launches of fund management firms including Liontrust and Thames River, has launched a multi-asset business to serve retail investors.
The new firm, which is called Pacific Asset Management (PAM), has hired Matthew Lamb (pictured), formerly Deutsche Asset Management’s global head of liquid alternatives, to run the business.
Further senior hires from the asset management sector will be announced over the coming months, said Pacific Investments, which Sir John Beckwith and Mark Johnson founded in 1994.
Pacific Investments also counts River & Mercantile and Nevsky Capital as firms it helped to launch.
Lamb said PAM will deploy a “modern but common-sense investment approach, that in a zero-interest world will apply institutional processes to a retail customer base with a fee structure to match”.
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