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30th January 2014

TAM Unveils Charities for Scotland ISA


TAM Asset Management (“TAM”) in conjunction with Virtuo Wealth is pioneering the UK's first ISA directly linked to multiple charities in Scotland.  A number of Partner charities in Scotland are in a position to benefit from the innovative You Give We Give, partnership in charitable giving.

The Charities for Scotland ISA is part of the discussion at an information event taking place in the Scottish Parliament building on Thursday January 30 sponsored by Chic Brodie MSP to an audience of IFAs, Charities, Clients and Fund Managers.

Partner Charities in Scotland initially on this project will be Yorkhill, 500 Miles, Capability Scotland, Cyrenians and Bethany Trust. Among those speaking at the event in the Scottish Parliament building are Mark Appleby SR Investment Manager of Alliance Trust and Ryan Smith, Head of Corporate Governance and Ethical Research at Kames Capital.

Lester Petch, TAM Chief Executive, said: “The development of our successful 'You Give, We give' initiative, giving investors the ability to donate to their favourite charity from their portfolio's profits, has taken one further step with the launch of an ISA initiative linked to  Scottish charitable giving. We found there was a need for an innovative product for the regular saver who equally may wish to give to charity”.

Scott Murray, Managing Director Virtuo Wealth “Working with TAM over the past months we have worked hard to create real innovation in an ethical and socially responsible investment for Scotland’s charitable sector. The Charities for Scotland ISA is the result”.

Savers can choose to donate a percentage of their annual net profits made within their ISA to their nominated charity. TAM under its You Give We Give initiative then will add the same percentage donated of its annual management charge.


NOTES TO EDITORS – About TAM Asset Management

  1. TAM Ethical is the trading name of TAM Asset Management Ltd who is authorised and regulated by the Financial Conduct Authority.
  2. TAM Asset Management is a product provider of discretionary investment management services and offers these products through professional financial advisers. The company can trace its roots back to 1938, from its humble beginnings as a stock broking firm in the City of London to becoming the discretionary asset management division of one of Europe’s largest financial services firms.  Today, TAM majority owned by its management is committed to preserving the values of innovation, honesty and client service which has allowed it to build its reputation as a fully transparent, high service provider of discretionary portfolio services.
  3. TAM Ethical model portfolios are available in five risk-graded variants; Defensive, Cautious, Balanced, Growth and Adventurous Growth.
  4. TAM Ethical subscribes to the “You Give, We Give” scheme to allow investors the option of donating a percentage of their annual gain to a charity of their choice.   Uniquely TAM Ethical will donate an equal percentage from their annual management fee to the same charity.
  5. TAM Ethical is a member of is a member of the sustainable investment and finance association (UKSIF)
  6. The TAM Ethical Website can be found at:
  7. For further information please contact:

Lester Petch, TAM Chief Executive

Telephone:  +44 (0)20 7549 7650


Allan Noel-Baker,  CityRoad Communications

Telephone: +44 (0)20 7248 8010