Liontrust unveils European Absolute Alpha fund for Inglis-Jones and West

Liontrust is preparing to launch another European absolute return fund for European equity stars James Inglis-Jones and Gary West.

The Dublin-based European Absolute Alpha fund is set to come to market in February, and will be modelled on the group's existing Guernsey-domiciled European Long-Short fund and European Absolute Return funds.

Liontrust will also launch an Asia Income fund on 5 March, to be managed by Mark Williams.

Williams joined Liontrust following its acquisition of emerging market specialists Occam in August last year.

Liontrust took on the management contracts of the Occam Emerging Markets Opportunities, Asia Focus, Asia Absolute Return, Sorbus, Europe Focus and Diversity funds on completion of the deal.

Inglis-Jones and Gary West took responsibility for the Sorbus and Europe Focus funds, while the remainder have been rebranded as Liontrust products.

The Asia Income offering will have a prospective yield of roughly 10% above the MSCI All Country Asia ex Japan index.

In its interim statement today, Liontrust reported £74m of net positive inflows for the financial year to 31 December 2011.

"Net positive inflows of £15m in the fourth quarter of 2011 were a significant achievement given that other asset managers have reported net outflows over the same period," said CEO John Ions.

This continues the success we have enjoyed over the past 18 months as we have now reported six successive quarters of positive net inflows."