Liontrust fund managers Anthony Cross and Julian Fosh have doubled their stake in wealth management firm Tatton Asset Management, with the firm now holding 10.2% of total issued shares.
Last week, the fund management group expanded its holding of Tatton AM, the parent company of IFA support services firm Paradigm Partners, shares from 3.2 million to 5.7 million of the total 55.9 milllion outstanding. Liontrust confirmed this was as a result of purchases made by its Economic Advantage team, led by Anthony Cross and Julian Fosh, who run a number of UK equity funds including the £3bn Special Situations fund, the £23m UK Micro-Cap fund, the £3bn UK Growth fund and the £755m UK Smaller Companies fund. However, the Special Situations fund is underweight financials overall,...
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