Liontrust is set to acquire the fund management business of Occam, including its emerging markets and Asia teams in a £3.9m deal.
Liontrust's James Inglis-Jones has bought into Continental Europe in his £341m Income fund for the first time since taking it over from Jeremy Lang and William Pattisson in 2009.
Anthony Cross' bearish views on retail banks and UK consumer-facing stocks are driving returns on the Liontrust Special Situations fund, which has seen assets grow from £13m last June to £131m.
Henderson Global Investors has increased its holding in rival Liontrust Asset Management, taking its position in the asset manager to more than 11%.
Liontrust has widened the investment parameters on Anthony Cross' £89m Special Situations fund, allowing the manager to focus more of the portfolio in large-cap stocks.
Managers running UK-focused portfolios have turned to international stocks for returns as the UK's recovery continues to disappoint.
Liontrust Asset Management has agreed the sale of its credit team and transfer of two of its credit funds to credit investment manager Avoca Capital.