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Liontrust shuts bond fund after managers quit


Liontrust Asset Management is to shut down its GF Global Strategic Bond fund in the wake of the resignation of the portfolio’s co-managers Michael Mabbutt and Felix Martin.

Dealing in the £33m Dublin-based vehicle was suspended on 15 January and it is set to be wound up on 29 January, after which all money will be returned to its investors.

The portfolio was only launched on 6 February 2013 and since then has delivered a flat return versus a peer group average of 3 per cent.

Liontrust chief executive John Ions said: “I would like to thank Michael and Felix for their contribution over the past three years. We wish them all the best for the next stage in their careers.”


Liontrust hires Charles Stanley fund distribution head

Liontrust has appointed Martin Weisinger from Charles Stanley’s fund arm Matterley Funds to its discretionary sales team. Weisinger, who was head of distribution at Matterley, will report to Liontrust’s head of discretionary sales Stephen Corbett. Corbett says: “Martin’s 25 years of experience, particularly in working with long-short funds, combined with his excellent contacts and knowledge of the industry make him […]


Liontrust assets rise 7% to £4.7bn

Liontrust Asset Management has seen its assets rise 7.1 per cent in the third quarter of last year, up to £4.7bn. The asset manager saw net inflows of £53m for the three months ending 31 December. Full year net inflows were £163m. Liontrust chief executive John Ions says: “We are pleased that we have continued […]


Liontrust to launch UK micro cap fund

Liontrust is planning to launch a UK Micro Cap fund in the first quarter of next year. Subject to FCA approval, the fund will be managed by Anthony Cross, recent hire and former journalist Victoria Bates and Matt Tonge, who has recently joined from the firm’s trading desk. Cross says: “Having strengthened the Liontrust smaller […]


Liontrust sees £7m net outflows in ‘unsettling’ markets

Liontrust Asset Management saw £7m in total net outflows between April and June following a period of continued market volatility. In a trading update, published today, the company says assets under management remained relatively flat at £4.46bn as at the end of June. The group’s institutional fund range was impacted by £29m in net outflows […]


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