The products are being developed under the guidance of Ben Fitchew, who has managed the stock-screening processes and quantitative research for Liontrust’s lead fund managers for four years. He has also played a role in the research and development of the firm’s investment processes. He was appointed as a trainee fund manager in Jan- uary 2008.
Chief executive Nigel Legge says that following the addition of a fixed-income offering through the appointment of the team of five from Ilex Asset Management in March, a launch into the global sector was the next step for the firm, given the demand in that sector.
Legge says: “We want to be where the action is, competing where there is demand and potential complacency from other players, that is, provided that any product maintains the same core processes of our business. We felt that along with fixed income, these were the two areas where demand is high. We have no timeframes on launches yet though.”
Chelsea Financial Services managing director Darius McDermott says: “The global equity product is likely to create a big interest in the marketplace. The world ex US fund would be a bit more niche and may need to build a track record.”