The bank, which is headquartered in Wellingborough, Northamptonshire, recently appointed Jacqui Low to its advisory board as part of its Scottish growth plans.
Credo has a strong track-record of managing long-only, value-based direct equity portfolios with a bias towards developed market, large-cap stocks.
PAM invests across the asset management spectrum utilising active, passive and smart beta strategies. Portfolios are constructed using two complementary approaches, built to work together.
Director remuneration was £242,717 against £156,772 in 2016, while £376,585 was spent on redundancy costs last year, with no figure provided for 2016.