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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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