Liontrust’s Gary West has retired from asset management to explore opportunities outside of the funds industry.
West, who has co-led the asset management house’s Cashflow Solution investment team with James Inglis-Jones for the past seven years, was co-manager on a number of the firm’s funds including the £294m Liontrust Income fund.
West joined Liontrust from Polar Capital in 2006, having previously held roles at Touche Remnant, Henderson, Fleming Investment Management and JP Morgan Fleming.
Inglis-Jones has become sole head of the Cashflow Solution team and there will be no other changes to how its funds are managed. Liontrust hired Samantha Gleave last year to work on the team as part of the succession plan for West’s retirement.
Liontrust chief executive John Ions says: “Gary and I spoke 18 months ago about his desire to retire within the next three years.
“The speed at which Samantha has integrated into the team has enabled us to bring forward Gary’s retirement. Liontrust wishes to thank Gary for his contribution to Liontrust over the past seven years.”
Whitechurch Securities head of research Ben Willis says: “James Inglis-Jones is still at Liontrust and is fundamental to the process. Because West and Inglis-Jones were badged up together as a team, it is going to be a loss but the firm will be ensuring it still has the resource in place to allow the investment process to be applied effectively.”