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Atomos has appointed WTW to provide multi-asset investment solutions for its UK-based retail investment portfolios.
The agreement, based on a three-year exclusivity period for this service, will enable Atomos to take advantage of WTW’s 150 strong global investment research and portfolio management team in order to strengthen the investment propositions it can offer clients across the UK.
Atomos has around 8,000 clients with £7bn of assets under management.
Haig Bathgate, head of investments, Atomos, said: “Our purpose is to deliver an exceptional service and experience to our clients, and our strategic alliance with WTW is testament to this aim.
“We want to better cater for the challenges of a new market environment, and want to build and strengthen the proposition we offer to our clients. We want to offer clients a service that is bold and forward-looking, while maintaining the personalised bedrock that wealth management is built on.
He added: “Bringing in WTW’s vast global expertise in investments across all geographies and asset classes, as well as their industry leading investment research and portfolio management, enables our clients to benefit from institutional economies of scale and expertise.
“The breadth of investment expertise available at WTW is beyond anything else available in the wealth management market and the company has a track record of driving down investment costs, helping enhance investor returns.”
Mark Calnan, head of investments for Europe, WTW: “The leadership team has identified that the current approach to investment management in the retail market is not serving the needs of its clients; and they have been brave in taking action. We’re confident others will follow.”