Former Liontrust CEO Nigel Legge's new fund management venture Vinculum is to launch its first offering, based on a 'no outperformance, no fee' proposition.
Liontrust has blamed stock market movements for a fall in its assets under management between April and September, but has reported a positive net inflow for the period.
Liontrust has blamed market volatility for a 7% fall in its assets under management in the second quarter.
Liontrust is set to acquire the fund management business of Occam, including its emerging markets and Asia teams in a £3.9m deal.
The term special situations is often used in the naming of funds, but it is not a generic term, encompassing a one-size-fits-all approach with respect to the management of these funds.
Liontrust Asset Management has agreed the sale of its credit team and transfer of two funds to credit investment manager Avoca Capital.
In the latest Interactive Financial Adviser debate, our panelists from S&P, L&G Investments and Liontrust discussed Absolute Return funds.
Liontrust has appointed former Artemis stalwart Nick Wells as a business development consultant.
Liontrust's woes continue as CEO and co-founder Nigel Legge has stepped down to be replaced by new head of retail John Ions.