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Liontrust targets multi-manager after Occam deal

Liontrust chief executive John Ions says the firm’s priority is to add a multi manager offering following its acquisition of emerging market specialist Occam Asset Management.

Last week, Liontrust reached an agreement to acquire Occam for around £3.9m.

Liontrust will take control of four Dublin-based funds, including the emerging markets opportunities, Asia focus, Asia absolute return and Eur-ope focus funds.
Two Cayman Islands-domiciled hedge funds, the sorbus and diversity funds, will also pass to Liontrust.

Ions has previously said that the firm would like to add at least two fund management teams to its offering this year.

Ions says: “With everything going on with the RDR, it makes sense to consider multi-manager. Industry statistics show that one in every eight or nine pounds is now going into multi-manager products. It is certainly an area that we are looking at.”

Skerritt Consultants head of investments Andy Merricks says: “There will be demand for good multi-managers in the future. Those starting with a clean slate will have an advantage of not having to manage through these difficult markets.”



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The political argument over whether Government cuts fuelled the violence seen in London and across the country in the past few days has begun in earnest. In a heated exchange on Newsnight last night, deputy Labour leader Harriet Harman told Education Secretary Michael Gove that “short-sighted” Government policies like “cutting” the Education Maintenance Allowance, the […]


More job cuts at Lloyds

Lloyds Banking Group has announced 1,300 job cuts across its group functions, retail, group operations and wealth and international divisions. Most of these job losses were included in Lloyds’ strategic review in June, which forecast 15,000 job losses as part of package of cuts aimed at making annual savings of £1.5bn by 2014. Since Lloyds […]


Europe suggests 14-day mortgage cooling-off period

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Polar Capital plans fund launch for ex-Threadneedle duo  

Polar Capital has announced that North America fund manager duo Andrew Holliman and Richard Wilson have joined the firm and will manage a fund launched for them within a few months. Prior to joining Polar Capital, Holliman and Wilson worked for Threadneedle where they managed in excess of $6bn of Northern American equity assets. Polar […]


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