Liontrust Asset Management

Summary

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]

Liontrust Asset Management plc
Company typePublic limited company
IndustryInvestment management
Founded1995;
29 years ago
 (1995)
HeadquartersLondon, England
Key people
ProductsAsset Management services
RevenueDecrease £243.3 million (2023)[1]
Decrease £49.0 million (2023)[1]
Decrease £39.3 million (2023)[1]
Websitewww.liontrust.co.uk

History edit

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 edit

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 edit

  1. ^ a b c "Annual Report 2023" (PDF). Liontrust Asset Management. Retrieved 18 February 2024.
  2. ^ "Our funds | Liontrust Asset Management PLC". www.liontrust.co.uk.
  3. ^ "Liontrust extends GAM offer deadline as John Ions responds to shareholder group". Investment Week. 4 August 2023.
  4. ^ Dimitrov, Steve (26 September 2014). "London's Liontrust opens Luxembourg office". Funds Europe.
  5. ^ "Liontrust joins FTSE 250 in latest reshuffle". FT.com. 4 June 2020. Retrieved 3 June 2020.
  6. ^ Jones, Dan (4 June 2014). "Liontrust set for boost as five-year All Share absence ends". Investment Week.
  7. ^ Tew, Imogen. "Liontrust joins FTSE 250 in latest reshuffle". www.ftadviser.com.
  8. ^ Cobley, Mark. "Liontrust chair Adrian Collins to retire". www.fnlondon.com.
  9. ^ "Directors' Deals: Will Liontrust regain its roar?". www.ft.com.
  10. ^ Ricketts, David. "Liontrust CEO on dealmaking streak: 'You don't go jogging when you've got indigestion'". www.fnlondon.com.
  11. ^ "LIO.L - | Stock Price & Latest News | Reuters". www.reuters.com.
  12. ^ "FactSheet Automated ALTERNATIVES 06". www.squaremileresearch.com.
  13. ^ "Liontrust GF EurpSmlrComs A3 Acc € (0P00019LH1.F) company profile & facts – Yahoo Finance". uk.finance.yahoo.com.
  14. ^ Lafferty, Catherine (10 January 2018). "Liontrust hires to new global fixed income team". Funds Europe.
  15. ^ Lawrie, Eleanor (15 October 2013). "Liontrust hires Husselbee and Kim for multi-asset team". www.ftadviser.com.
  16. ^ Newlands, Chris; Fedor, Lauren (15 December 2016). "Alliance Trust to sell investment management arm to Liontrust". Financial Times.
  17. ^ "Liontrust completes acquisition of Alliance Trust Investments". Portfolio Adviser. 3 April 2017.
  18. ^ Philipps, James (31 July 2019). "Liontrust to acquire Neptune for £40 million". citywire.com.
  19. ^ Rach, Sonia (9 January 2020). "Liontrust AUM hits £19bn with boost from Neptune deal". Money Marketing.
  20. ^ Gard, James. "Liontrust to Buy Neptune for £40m". Morningstar UK.
  21. ^ Habergham, Harriet (23 March 2021). "Architas duo exits after Liontrust acquisition". Portfolio Adviser.
  22. ^ Farr, Emma-Victoria (7 December 2021). "Liontrust to buy UK's Majedie Asset Management for up to $160 mln". Reuters.
  23. ^ Hickey, Sally (1 April 2022). "Liontrust completes £120mn Majedie takeover". www.ftadviser.com.

External links edit

  • Official site