Pacific Asset Management (PAM), owned by prominent UK investor Sir John Beckwith, has entered into a partnership with financial planning firm Fidelius.
The deal will see PAM, which has £1.2 billion under management, acquire Fidelius’s discretionary fund management (DFM) business, Parallel Investment Management.
Meanwhile Fidelius will take over PAM’s financial planning businesses, Chartered Financial Management and Zen Wealth, which PAM acquired in July ...
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