Liontrust pulls in cash for macro-thematic strategy

UK-based specialist asset manager Liontrust Asset Management says it has secured an institutional mandate that will bring the cash managed by its macro-thematic team to

more than £1 billion (€1.3 billion).

The inflow, which will be reflected in not-yet-released figures for the current quarter, will push overall assets under management to more than £4 billion.

The asset manager has also hired James Beddall to work alongside Jonathan Hughes-Morgan as co-head of international sales, and is setting up a branch office in Luxembourg

John Ions, chief executive (pictured), says Liontrust now has a strong sales team and is “also actively looking for more fund management teams that will appeal to the wholesale market in continental Europe”.

In the six months ending in September, Liontrust attracted a net inflow of £284 million ,which helped push overall assets to $3.8 billion as of September 30.

Its most popular product is the Economic Advantage fund, which accounts for roughly half its assets under management, nearly all of which comes from UK retail investors.

©2014 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST