The London-based multi-jurisdictional asset manager’s ethical portfolio consists of five risk profiles, has a multi-asset class investment, and a minimum investment of £10,000.
Through the “You Give, We Give” scheme, all investors into TAM Ethical can opt to donate a percentage of their annual investment gain to a charity of their choice, which the company will match, donating an equal percentage of their total annual fees from that client’s portfolio to the same charity.
The company said the scheme has been well received in its first year, so far raising nearly £4,000 through around 20 donating accounts. It added that it expects this number to increase greatly over the coming years as a result of increasing investor awareness and portfolio size resulting from returns.
The portfolio invests into funds targeted at “the more traditional, ethically minded investor”, avoiding traditional “sin” stocks such as tobacco, alcohol, arms, and pornography.
Instead, it lists funds invested in water, climate change and in relation to human rights issues as some of its existing stocks’ focus.
In December, it was revealed that Britain invested a total of €1.4bn (£1.1bn, $1.7bn) in social impact investments, while the cabinet office cited its growing appetite in this area.
However, the UK sat at sixth place in the total ranking for socially responsible investment across the whole of Europe.
Bright future
Chief executive Lester Petch said: “In 2014, when the UK Equity market was flat, we were able to kick start You Give We Give and together with our clients, we are delighted to have donated almost £4,000 to an array of charities.”
“We continue to have increasing market acceptance for our socially responsible products and we see nothing but long term growth in allocations from clients to ethically minded investments. The future is very bright.”
Tam Asset Management offers discretionary investment portfolio management services through onshore life assurance products, offshore life assurance products, SIPPs, ISAs and direct investment accounts.
It has grown at over 40% per annum for the last two years and is currently looking at creating new strategic partners in Hong Kong, Dubai, and Africa using both its UK office and its international office based in the Mauritius.
