Liontrust AM's chief executive John Ions expects John Husselbee's Wealth Solutions service to become a significant part of the business over the next few years, following the takeover earlier this month.
Liontrust has bought North Investment Partners and also hired Paul Kim in a move to expand into the multi-asset space. While not a pure multi-asset play, North’s Wealth Solutions service taps into a growing requirement from advisers to outsource investment management to experts, and has already gathered £100m in assets. While it is Liontrust’s first foray into the field of multi-asset, Ions said Husselbee’s experience – combined with the increased marketing and distribution capabilities of Liontrust – should help the expansion. Ions (pictured) said: “I expect this to become a signi...
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