In the Press

Congratulations to TAM's CIO James Penny being included in the Citywire annual list of the UK's best asset managers for 2023.

Brian Adams, Director of Lancashire-based advice firm Islamic Wealth Management, speaking to Citywire about our TAM Sharia model portfolio solution.

In the latest in the ESG Investment Influencers series, Eve Maddock-Jones speaks to James Penny, chief investment officer of TAM Asset Management.

What was once a story about the pound depreciating due to a growing Fed-Bank of England policy divergence might have evolved into the early stages of a currency crisis, industry experts argue, as pressure for the UK central bank to hike rates mounts.

Sterling continued to flirt with record lows Wednesday as the Bank of England (BoE) eyes up a “significant” rate rise in response to chancellor Kwasi Kwarteng’s controversial mini-budget.

TAM Asset Management’s CIO reacts to the falling pound: “GBP looks very negative and will likely hit parity before Christmas”

TAM Asset Management (TAM), the UK-based discretionary investment manager, has stepped up its commitment to combatting global warming by becoming one of the first discretionary fund managers to be awarded Carbon Neutral Plus status by Carbon Footprint Ltd.
 

DFM collaborates with Carbon Footprint to offset client and business emissions TAM Asset Management has taken steps to reduce the carbon footprints of its business and clients through various offsetting projects.

A ‘technology push innovation’ is when you invent something and then hope people will want it. A ‘technology pull innovation’ is first figuring out what people want and then trying to invent it. The same concepts can be applied to the provision of investment services

Asian equities may seem best avoided at first glance with many headwinds hampering prospects for the region, but this is reflected in the price and, for many, the buy signals are there.

Defense lobbyists, as well as some analysts and bankers, have been discussing the merits of treating weapons as ESG assets.

Sustainable funds’ growth bias and aversion to the rallying oil & gas sector are likely to hinder returns over the next few years – but it isn’t all bad news for ethical investors.

The existence of the traditional 60/40 model portfolio is being threatened as inflation continues to rear its ugly head, according to the chief investment officer of Tam Asset Management.

The start of 2022 has seen ESG investing arrive at a fork in the road.

Although we see progress, technology has limited scope as responsible investing has myriad considerations, many of which are difficult to quantify, weigh and compare. Thus, TAM integrates technology for insight into ESG factors in conjunction with our qualitative analysis.

Why investors, corporations and high-net-worth clients are warming to crypto

We asked professional fund buyers for their favourite funds to ride out volatility and inflation, with the classic ‘balanced’ portfolio increasingly failing to do the job.

Islamic mutual funds grew faster than their global mutual fund counterparts over the last five years up to the end of Q3 2021.

European financials, UK value and China are all “unloved” areas worth allocating to but they should also continue to back the likes of Terry Smith or Baillie Gifford, according to James Penny, UK chief investment officer at TAM Asset Management.

Traditionally, the DNA of the average model portfolio still retains a mixture of funds and passive ETFs across fixed income and equities which give the investor diversification and some level of outperformance.

Oil and gas giants BP and Shell both posted storming results for 2021, showing that oil has not been totally dismissed in a climate-conscious market just yet.

Despite the ongoing pessimism, nine investors discuss whether a roaring recovery is on the cards for the world’s engine of growth over the next 12 months and beyond.

We believe Chinese companies have strong growth prospects, but these may be missed if looking through a high-level macro lens only.

Morgan Stanley Global Insight, Baillie Gifford American and Morgan Stanley US Growth are some of the top-performing funds over five years that are down double-digits year-to-date.
 

We have been busy travelling around Europe throughout Q4 2021 in a quest to address advisers’ current regulatory headaches.

TAM chief investment officer looks back on a ‘rudderless’ year but is tentatively bullish on what lies ahead.

Green Dream with TAM AM’s James Penny: We will see new asset classes emerge in ESG .

Natalie Kenway catches up with the CIO on client conversations, ESG pre and post-pandemic, and product choice.
 

The pricing tail does not wag the investment dog: the true cost of a client investment

The investment team invests in different types of assets to diversify and reduce volatility

Learn what a global leader in actively managed bond funds can do for you

We said in our last investment note, ‘We need to talk about volatility’, that despite relentless positivity in equity markets since the lows of March 2020, a growing number of institutional investors are feeling the need to take a more defensive orientation and have ‘insurance policies’, against the risk of markets retreating.

First it was fishing boats and now its submarines. The lates security pact between the US, UK and the Australians (AUKUS) has drawn my eye, once again, to the political body language between the UK and France.

Seven years ago, Tam Asset Management set up its charitable initiative, You Give We Give. We caught up with Eric Williamson, investment manager at the firm, to see how the initiative is developing and what the future holds.

One, two, three:the present TAM investment stance

Lester Petch, CEO, TAM Europe Asset Management explains.

Many ethical investors are likely to have been pushed to the point where they think “it’s not enough to avoid oil and coal and buy renewables, I want to do more”. Reading about the UN’s climate change report and looking at some of photos of newly homeless families from wildfires and flooding in Greece, Turkey, Albania, Germany and California in recent days could be enough to lead ...

James Penny, CIO at Tam Asset Management, discusses the firm’s sharia portfolio offerings, the investible universe, and what actually makes an investment sharia-compliant.

Pension access, 'safe' funds and financial education - here's our weekly heads-up of articles in the weekend newspapers that may have caught your clients' attention... Savers seeking to keep early access to pension pots face 2023 deadline

The UK Islamic finance industry has developed progressively over the years. This has not been without challenges, and the impact of Brexit and the COVID-19 pandemic has created uncertainties. Like their conventional peers, the economic risks that Islamic banks share are similar, and the environment in which Islamic finance operates is expected to become smaller, particularly ...

This week's Next Gen star is Stephanie Sotiriou, investment manager at TAM Asset Management. She discusses her father's influence on her career, her concerns around greenwashing, and her love of Cyprus!

ESG, SRI and Impact Investing are terms we have recently become accustomed to hearing. But whilst we may now be familiarised with them, what do they actually mean? These three subsets are arguably enveloped within the same spectrum of "ethical investing".

This is a well coined phrased used to describe wayward individuals, however, this acclaimed diagnosis does read true for a more diverse audience. The ESG market can certainly be categorised as such in Q1 of this year.

The UK began the year with its best investment returns in the first week or so ever recorded. This was in an environment in which the UK was still disentangling from the EU as Brexit is finally implemented - clarity is often all markets need. The US likewise moved higher but there are not so subtle shifts going on in market leaders and laggards.

Bitcoin is the best known of the 1,800-odd cryptocurrencies. Its meteoric rise has drawn many investors, with some believing that the underlying blockchain technology (blockchain is a digital ledger in which transactions made in cryptocurrencies are recorded chronologically and publicly) could become one of the most powerful tools ever given to civilisation.

Looking back on last year, professionally and personally, I think few would say it has been a forgettable one. The herculean strength in the stock market couldn’t stand in greater contrast to the very real pain being seen in households.

TAM has been in the ethical investing market for over 7 years and thrives on staying ahead of the curve when it comes to environmental, social and governance (ESG) investing.

TAM Asset Management provides an overview.

We await with bated breath, the lastminute negotiations between the UK and Europe as to how, if, and by what means, business in the Eurozone may be conducted with counterparties from the UK. The bizarre, no-one really knows situation, has resulted in multiple statements from the UK regulator and commen...

Why the events of this timultaneous year could mean ESG investing ceases to be a thematic play, taking centre ground.

Fund selectors from BMO Global, Brewin Dolphin, Morningstar, Premier Miton and Rathbones are all in the running to win the Fund Selection Team of the Year accolade in Portfolio Adviser’s inaugural Wealth Partnership Awards. The admittedly not-so-short shortlist for one of our centrepiece awards is completed by Apollo, EQ Investors, Financial Express, Investec, Quilter C...

The UK’s exit from the European Union was “arguably the catalyst” for London-based Tam Asset Management to open an office on the Balearic island of Mallorca, Lester Petch, European chief executive, told International Adviser.
 

Good news for Spain in the process of attracting British entities in the context of Brexit. The manager TAM AM , specialized in discretionary management, registers its first European office in Spain. Specifically, the entity has just registered a securities agency (TAM Europe AM) based in Calvia (Mallorca).

FEIFA, the European trade association, has announced a new partnership with TAM Asset Management, an investment company that has operated across Europe for around 15 years.

FOLLOW THE FAANGS?

A handful of tech stocks account for a large proportion of the 10-year equities bull run. Can looking back to 2000 teach us anything about today?

Fund selection plays a crucial role in portfolio construction. Once the asset allocation decision has been made, these individuals need to decide how they want to be exposed, be it through a mutual fund, investment trust or ETF.

Despite the negative press active management has received off the back of the Woodford debacle, its presence in capital markets remains a core pillar when one considers the effect of long-term compounding returns and capital preservation capabilities from quality active managers over that of the index.

How many of us, seeking an immediate change of fortune, have impulsively shelled out £2.50, crossed our fingers and bought a Lottery ticket in the hope of scooping a £155 million jackpot?

Neil Jefferies, head of financial planning at Adroit Financial Planning, discusses DFM panels, the needs of clients and managed portfolios

Browse through any weekday television guide and it soon becomes apparent that much of the nation must be obsessed with cookery programmes. They clutter the TV schedules like discarded junk consigned to the attic, yet some viewers must love them. Television companies adore them too because they're so cheap to produce - very few people get paid to appear on them.

A decade-long run of steady year-on-year increases in wealth management assets came to a shuddering halt in last year’s volatility, putting a far sharper focus on balance sheet discipline to sustain profitability.

News that around £1.5 billion-worth of old banknotes have yet to be redeemed more than a year after they ceased being legal tender will have encouraged many of us to take a second look at where we may have left a few ancient fivers. No joy? Me neither.

I was in London last week where I met the chief executive of a firm with whom I've dealt for some time.

Long story short: she asked me to give a talk to a few hundred people at a forthcoming event, an invitation to which I agreed, perhaps a little too readily, because when the subject matter was revealed, it put me on the back foot. The topic on which I must speak for 15-20 minutes is:...

Indeed, the frequency with which WEF reports are issued, coupled with their often dizzying length, probably ensures that few are read cover-to-cover. Nevertheless, one of its recent publications, We'll Live to 100 - How Can We Afford It? proved unusually popular. Perhaps it was the snappy title.

Are fund managers too big to fail? No. If they fall below market expectations, they shrink through natural sales. 

If the internet age possesses a curse which blights us all, it's surely that we're frequently overwhelmed with too much information.

 

Are fund managers too big to fail? No. If they fall below market expectations, they shrink through natural sales.

I'm indebted to research undertaken by Preston-based Profile Pensions which exposes, in the starkest possible detail, the enormous chasm between Millennials' monthly expenditure and the current state pension.

We are delighted to announce that for the second consecutive year, TAM has been nominated for Best Ethical Discretionary Fund Manager at the Investment Life & Pensions Moneyfacts Awards.

We are absolutely delighted to tell you that TAM were named winners of the Award for Discretionary Wealth Management at last night's City of London Wealth Management Awards (COLWMA).

We are delighted to tell you that TAM have received two nominations at this year's City of London Wealth Management Awards (COLWMA).

You may or not be aware that our Premier, Focus and Ethical investment portfolios are available across the Aviva and Transact Platforms.

The Charities Aid Foundation’s 2018 report found that while charitable donations may have risen in overall value, they’re coming from fewer people. This is a significant problem for the third sector. Raising money is hard enough when you’re one good cause amongst many – but it’s even harder when the number of potential donors is shrinking.

So how do you raise vital f...

TAM are delighted to let you know that we have launched 'Through the Lens', a brand new video series capturing conversations with our award-winning investment management team as they share their market views and insight.

We are honoured to have received three nominations at the prestigious Professional Adviser Awards 2019.

We are delighted to inform you of an exciting development for the TAM Group in forming a strategic partnership with VFS International, winner of the International Investment Award for Best Best-Practice in Africa.

We are delighted to let you know that TAM has been nominated for Best Charity Partnership of the Year with our 'You Give, We Give' charitable giving initiative at the 2018 MoneyAge Awards.

As a financial adviser, you’re all too aware of the threat posed by robo-advice platforms. But while you’re still offering higher-quality advice, and while you’re still retaining your key clients, there’s probably not much to worry about. Right? Wrong!

Alzheimer’s Research UK, Blue Cross, DEBRA and Yorkshire Air Ambulance have each partnered with Greenfinch, our new non-advised investment platform providing charity members with access to expertly managed investment portfolios, whilst also giving them the opportunity to benefit their chosen charity in the process.

The Archway Project, Bobath Scotland, HEART UK - The Cholesterol Charity and Willow, have each partnered with Greenfinch - our new non-advised investment platform providing members with access to expertly managed discretionary investment portfolios, whilst also giving them the opportunity to benefit their chosen charity/ies in the process.

We are thrilled to let you know that TAM has been nominated for 'Best Ethical Discretionary Fund Manager' - a new category at the 2018 Moneyfacts Investment Life & Pensions Awards. The annual Investment Life & Pensions Moneyfacts Awards ceremony is the pinnacle of the year’s product and service advocacy, continuing to grow year-on-year and attracting valuable acclaim. ...

Dormant back books, full of clients who could no longer afford financial advice post-RDR are waiting to be reactivated. Until now this was an unprofitable proposition for IFAs, but the advent of automated investment solutions can help reactivate lost customers and attract new ones.

IFAs don’t just have a place in the new world of low-cost, high-volume financial advice: they have several distinct advantages.

If you’re an IFA, the rise of robo-advisers isn’t just a problem; it’s an existential threat. There’s a major gap in the post-RDR market for low-cost financial advice, and automated platforms have rushed to fill it.

April 5th is fast approaching... beat the deadline!

We are delighted to inform you that our non-advised digital investment management service, FinchTech Ltd, has launched! The plug-and-play white-labelled solution is one of the first of its kind and presents an opportunity to re-engage dormant clients potentially lost to the Retail Distribution Review (RDR), while simultaneously enabling IFAs to compete with the growing threat of low cost robo advice...

FinchTech is up for Best New Entrant at the 10th annual Sustainable Investment Awards!

TAM are delighted to announce that in addition to our already diverse offering we have launched TAM Passive - a suite of low-cost passive investment portfolios which will be available in five risk profiles and actively managed by our award-winning investment team for just 0.15% AMC (exc. VAT). 

Last week on Thursday 6th July, the good and the great of the fund management industry came together in the Royal Albert Hall to celebrate outstanding achievement at the annual Fund Manager of the Year Awards hosted by Investment Week.

'To Serve and Protect' is a phrase of singular simplicity coined by the LAPD in the 50’s to embody its mission statement. Since then, it has cemented itself as the cornerstone of US, and arguably global law enforcement. 

So what’s a US law enforcement adage doing in an investment update to our clients? 

An ISA allows your client to benefit from tax free investment gains. After the 5th April 2017, investors will lose any of their £15,240 allowance which remains unused. With that day fast approaching, have your clients made the most of their 2016/17 allowance? There is still time to take advantage and TAM, as a regulated ISA manager, offer a variety of ways in which new and existing clients can bene...

For the second year in a row, TAM have been named as a preferred DFM for a model portfolio service (MPS), according to Defaqto's 2017 annual DFM review of surveyed financial advisers. A huge thank you goes out to all that commended us, and if you haven't yet tried TAM for our Focus MPS, maybe now is the time...

We are pleased to inform you that in our continued efforts to create the best value for investors, we are amending our fee structure to remove any minimum charges. This means that no matter how small a trade is in order to re-balance, adjust an asset allocation or make a withdrawal from a portfolio, the client will only be charged 1% of the trade value. This eradicates flat fees for our Focus, Ethical an...

With business owners now being penalised for not having a workplace pension scheme in place, The Pensions Regulator has been back on the road reminding employers that workplace pensions are the law and they are enforcing it! Confusion between employers and advisers in relation to auto-enrolment is no excuse.

TAM Sharia at the Muslim Lifestyle Expo 2016
EVENT CITY | MANCHESTER | 29th - 30th OCTOBER

We are delighted to announce that TAM Asset Management have been named 'UK Asset Manager of the Year' at the i-invest 2016 Asset Management Awards.

We are delighted to announce that our risk profiled Premier model investment portfolios are now available on the Transact Platform and can be used for new and existing Transact clients, where moving your clients over is as easy as a fund switch.

TAM are delighted to announce that after many months of our clever developers busying away behind the scenes, we have at last launched our brand new website - cleaner, crisper and simpler

TAM Asset Management International was named Best Investment Management Service provider in the Wealth & Finance 2016 – Fund Manager Elite awards.

Hurry! There's not long left to make the most of your clients' 2015/2016 ISA allowance...

An individual savings account (ISA), allows savers to invest up to £15,240, tax free. Have your clients thought about this tax efficient way to save for their futures and if they already have an ISA, have they used their entire 2015...