North Investment Partners

Liontrust has seen a rise in assets under management and a jump in pre-tax profits, after its acquisition of multi-asset business North Investment Partners last October.

Consolidation has been the watchword in the asset management sector this year and, consequently, the structure of the funds industry is changing as rapidly as the City skyline.

Liontrust Asset Management is to acquire North Investment Partners, appointing founder John Husselbee, as well as former LV = manager Paul Kim, to run its first multi-asset proposition.

North Investment Partners has reported a loss of £389,860 for 2012 after upping investment into its Wealth Solutions service.

BIG QUESTION

Investment managers are beginning to question the value of holding gold for diversification purposes, as its correlation to equity markets soared to 65% this year.

Global markets rallied at the end of last week as the Federal Reserve unleashed QE3, prompting some investors to call the start of the next major bull market in equities.

The Federal Reserve may have held back from unleashing a third round of quantitative easing as a joint central bank effort from around the globe may be around the corner, according to North Investment Partners' John Husselbee.

In the latest Conjecture debate, our panelists from Newscape Capital Group, North Investment Partners and S&P Capital IQ discussed Multi-Manager.

As political tension in Greece intensifies, managers discuss what would happen if the country were to leave the monetary union