Armstrong Investment Management will focus on both the pensions and wealth management industry.
AIM will target what the Armstrongs see as a void between traditional and alternative investment approaches, claiming that traditional funds have disappointed with returns while alternatives have cofused investors with their cost, liquidity and lack of transparency.
Patrick Armstrong says: ““We believe it is the ideal time to launch a new pension and wealth management proposition. Many investors have been left disappointed by large faceless organisations, and by outdated investment products. We intend to offer clients an intimate service, and partner with them to achieve their investment aims. “