Former Liontrust managers Jeremy Lang and William Pattisson plan to set up a new asset management boutique.
Liontrust Asset Management is to launch its European Value fund next month.
You could almost hear the sighs of relief in Greece yesterday when the EU pledged support.
During periods of sharp recovery, investors seek out companies that share a combination of characteristics including poor relative returns in the market decline, attractiveness on stable measures of value such as book-to-price and high financial and operational...
Liontrust reported assets fell by about 8% to £1.2bn in the final quarter of last year.
Liontrust Asset Management says Manchester United must up its game by boosting the coupon on its bond to 10%.
Adrian Collins is the new non-executive chairman Liontrust Asset Management, according to an announcement the group made this morning.
The departure of star managers Jeremy Lang and William Pattisson in April has impacted on Liontrust Asset Management's profits, which fell to just £0.5m for the six months to 30 September, down from £6.1m for same period in 2008.
Liontrust has promoted Simon Hildrey to marketing and communications director following Rob Page's resignation in September.
GAM is closing its European Systematic Value & Income fund today ahead of manager Ross Hollyman's move to Liontrust at the start of next year.