Liontrust_Asset_Management

Liontrust Asset Management

Liontrust Asset Management

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Liontrust Asset Management plc is a British specialist and independent fund management company. It is listed on the London Stock Exchange. It manages open-ended funds domiciled in the UK and Ireland, multi-asset portfolios, the Edinburgh investment Trust and segregated accounts. Liontrust handles investments for clients in Europe and South America.[2][3] Liontrust is headquartered in London and also has offices in Edinburgh and Luxembourg.[4]

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History

Liontrust was established in 1994 and launched in 1995, and had an initial public offering on the London Stock Exchange in 1999 as Liontrust Asset Management PLC.[5] Liontrust became a constituent of the FTSE SmallCap in 2014[6] and entered the FTSE 250 in 2020.[7] Adrian Collins became non-executive chair in early 2009.[8] John Ions became chief executive in May 2010[9] and remains as Chief Executive.[10] Vinay Abrol is the CFO/COO while Alastair Barbour took over from Adrian Collins as non-executive Chair in 2019.[11] The Economic Advantage team was formed in 1997,[12] the Cashflow Solution team in 2006[13] and the Global Fixed Income team in 2018.[14]

Acquisitions

Liontrust acquired North Investment Partners Multi Asset team and portfolios in 2013.[15] In 2017 Liontrust completed their £30 million acquisition of Alliance Trust Investments, creating the Sustainable Investment team.[16][17] The £40 million acquisition of Neptune Investment Management completed in 2019,[18] bringing UK, global and emerging markets equity funds to Liontrust.[19][20] In 2020, Liontrust bought Architas Advisory Services and Architas Multi-Manager from Axa in a deal worth £75 million, merging the Architas UK Fund Management team with the multi asset investment team at Liontrust and bringing multi-asset funds to Liontrust.[21] After announcing a deal in December 2021,[22] Liontrust completed the £120 million takeover of Majedie Asset Management in April 2022. Majedie’s fund managers became the Global Fundamental team at Liontrust.[23]


References

  1. "Annual Report 2023" (PDF). Liontrust Asset Management. Retrieved 18 February 2024.
  2. Dimitrov, Steve (26 September 2014). "London's Liontrust opens Luxembourg office". Funds Europe.
  3. "Liontrust joins FTSE 250 in latest reshuffle". FT.com. 4 June 2020. Retrieved 3 June 2020.
  4. Jones, Dan (4 June 2014). "Liontrust set for boost as five-year All Share absence ends". Investment Week.
  5. Tew, Imogen. "Liontrust joins FTSE 250 in latest reshuffle". www.ftadviser.com.
  6. Cobley, Mark. "Liontrust chair Adrian Collins to retire". www.fnlondon.com.
  7. "FactSheet Automated ALTERNATIVES 06". www.squaremileresearch.com.
  8. Lafferty, Catherine (10 January 2018). "Liontrust hires to new global fixed income team". Funds Europe.
  9. Lawrie, Eleanor (15 October 2013). "Liontrust hires Husselbee and Kim for multi-asset team". www.ftadviser.com.
  10. Newlands, Chris; Fedor, Lauren (15 December 2016). "Alliance Trust to sell investment management arm to Liontrust". Financial Times.
  11. Philipps, James (31 July 2019). "Liontrust to acquire Neptune for £40 million". citywire.com.
  12. Rach, Sonia (9 January 2020). "Liontrust AUM hits £19bn with boost from Neptune deal". Money Marketing.
  13. Gard, James. "Liontrust to Buy Neptune for £40m". Morningstar UK.
  14. Habergham, Harriet (23 March 2021). "Architas duo exits after Liontrust acquisition". Portfolio Adviser.
  15. Farr, Emma-Victoria (7 December 2021). "Liontrust to buy UK's Majedie Asset Management for up to $160 mln". Reuters.
  16. Hickey, Sally (1 April 2022). "Liontrust completes £120mn Majedie takeover". www.ftadviser.com.

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