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Liontrust appoints ex-Gartmore MD as deputy chairman

Liontrust has announced the appointment of former Gartmore managing director Adrian Collins as non-executive director and deputy chairman.

Collins joins the Liontrust Board of Directors and is set to replace non-executive chairman Bernard Asher, who is to retire at an unspecified date.

In addition to Gartmore Investment Management, Collins has held various roles in his 30 years in the fund management industry. He is currently a consultant to corporate finance business Strand Partners.

Liontrust has also announced the appointment of Ian Lewis as head of institutional clients.

Lewis joins on September 1, 2009 with institutional marketing director Stephen Watson set to take on a new part time role. Watson will assist the sales side in the North American market.

Liontrust chief executive Nigel Legge says: ““We are very confident Ian will prove to be a tremendous success at Liontrust. Through the cashflow solution investment process managed by Gary West and James Inglis-Jones, the economic advantage process managed by Anthony Cross and Julian Fosh and our new fixed income team, we offer institutional investors strong performance track records in different asset classes built on a foundation of comprehensively documented investment processes.

“We are therefore confident about raising assets from this important area of the market. Over the next year, we will also seek to expand into new asset classes, including global equities and EAFE, for which there is strong demand from institutional investors.”


Amsellem joins Thames River

Joel Amsellem has joined Thames River from Quantum, bringing his UK Absolute Income fund with him.The group has renamed the fund Thames River UK Absolute Income, although there will not be any changes to its management style or investment process. More launches are planned this year within its income yielding product range, according to Charlie […]

FSA challenges advisers over wrap charges

He asked delegates: “Given that what the bulk of what platforms do is to drive efficiencies and support services that advisers provide the customers, why is it that cost of wraps are charged directly to the customer rather then being an overhead to the advisory firm?


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