In London for: 7 years
Average portfolio size: £125,000
Number in team: 14
Office clients: 2,000+
Group assets under management: £250 million
Are you bullish or bearish? Prudently optimistic
Top three fund picks:
- BlackRock European Dynamic fund
- Hermes Global Emerging Markets fund
- Schroder Recovery fund
Q&A with Lester Petch, CEO, TAM Asset Management, London:
What is your typical client demographic?
We do not have a typical demographic, owing to our mission to provide every type of investor with professional investment management.
We seek to serve a broad market with our accessible, diversified range of investment options and solutions.
What differentiates your location?
It has to be the cosmopolitanism. There is nowhere in the world quite like London town!
What challenges are facing your area?
Operating in the City – London’s financial hub – as a boutique investment manager brings great opportunities; but with great opportunity brings greater competition.
What’s the best thing about living in your area?
Where to start? London is one of the most historical, diverse and multi-cultural capitals. We are spoilt for choice with the array of art galleries and museums, restaurants and bars, theatre productions and live music events in every London borough.
But if ever you exhaust what London has to offer (highly unlikely!) you can hop on the Eurostar and be in Paris or Brussels in less than two and a half hours!
What’s a typical regional saying?
‘Severe delays on the Northern line!’
‘Shall I call an Uber?’
What is your office motto?
Think outside the box; in a world full of sheep, be a cow!
TAM Premier Balanced Portfolio asset allocation:
- Secret wealth executive: strangulation by regulation 4
- Why Crux AM is in for the Penny
- Cryptocurrency the main target for scammers in 2018
- 12 wealth and fund firms to watch in 2018 1
- Iress's Walsh: Why GDPR can drive trust in financial services
- CISI slams FCA plan to scrap Approved Persons Register 9
- Is the auto industry the next ‘Big Short?’
Wednesday Papers: UK regulator rules against Murdoch takeover of Sky
And subdued sales may force Apple to call time on the iPhone X before the end of the year.
- Evenlode: 10 sustainable dividend stocks
- Corporate tax cut could spark Japanese bid boom
- Newton launches sustainable global equity fund
- WH Ireland raises £2.4m to meet FCA capital demands
- Government axes financial services Brexit position paper
- ETF Securities bolsters technology range with triple launch
Liontrust ESG head says sustainable investment doesn't mean low return
Peter Michaelis talks about ethical investment growth and where he sees future opportunites.
Are platforms the biggest barrier to wealth manager ETF take-up?
Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.
SVM's Veitch on what's next for banks
SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.
Profile: Affinity’s Julia Warrander on the importance of diversity
'Sometimes there are 10, sometimes 20 people around a table and, more often than not, I’m the only woman,' says the Affinity Wealth co-chief investment officer
Pub Club: A meat feast at Blacklock with Dart Capital
What's on in 2018: Wealth Manager Events Calendar
New Citywire podcast: Walking with Wealth Managers - exclusive preview
Office Spotlight: Thesis Asset Management, Lymington
MPS Investment Committee: Creating the right blend for the year ahead
What's up in the North - catching up with Sanlam's Teesside office
On the Road: 9 wealth managers share their 2018 new year's resolutions
MPS Investment Committee: Paul Wharton, Tacit Investment Management
Office Spotlight: Nedbank Private Wealth, London
Pub Club Special: On the Road Christmas Jumper Lunch 2017
Quizzing the newest wealth manager in Wiltshire
Office Spotlight: Canaccord Genuity Wealth Management, Jersey
MPS Investment Committee: Steven Rooke, Cazenove Capital Management
Worthstone's Social Investment Academy: biggest event yet
Boutique Malloch Melville founder on the benefits of being small in Scotland
Pub Club: at The Old Beams in Milton Keynes with WH Ireland
MPS Investment Committee: Simon Doherty, Quilter Cheviot
Office Spotlight: Equilibrium Asset Management, Cheshire
MPS Investment Committee: Sanjay Rijhsinghani and MPS team, LGT Vestra
Dining with 7IM's Damian Barry at The Culpeper
On the Road Challenge: Bowling with Kleinwort Hambros