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Online database gives details of private asset management services

Private investors and their advisers can get detailed information on the UK&#39s private asset management industry from a new online database.

PAMonline.com is this week launching an internet-based resource giving details of products and services as well as comparative data on over 180 UK-based asset managers.

The firms covered by the database include IFAs, stockbrokers, fund management groups and private banks that offer discretionary and advisory investment management services.

PAMonline has a function that allows private investors to find a private asset manager based on their attitude to risk, charging structures and fundamental investment objectives.

The online service has been created by James Anderson, editor of the annual PAM Guide, who believes it will appeal to private investors who are disappointed with the performance of their advisory or discretionary advisers and want to enable them to shop around for somebody else.

Anderson says: “In the past, private investors have had no simple way of answering the question – given my needs, who and where are the firms I should be considering? PAMonline will benefit both investors and the industry, which is seeking to address the needs of a more discerning and demanding clientele who rate access and transparency very highly.”

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