22nd Jun 2009 07:00
Embargoed until 0700 hours, Monday 22 June 2009
Stock Exchange Announcement
LIONTRUST ASSET MANAGEMENT PLC
New Global Equity Fund Manager
Liontrust Asset Management PLC ("Liontrust") is pleased to announce that Ross Hollyman will be joining Liontrust in January 2010.
Mr Hollyman is an investment director at GAM, where he is responsible for UK and European equity long only and long/short portfolios and heads a team of four specialists. Prior to joining GAM, Mr Hollyman was a senior portfolio manager with JP Morgan Fleming, where he managed UK and European portfolios and worked with Gary West and James Inglis-Jones.
On joining Liontrust, Mr Hollyman will develop Global Value, Global Earnings Surprise and Global Multi-Factor equity investment processes (the "Global Equity Investment Processes").
Liontrust plans to launch a number of collective investment vehicles that will apply these new investment processes on a global and regional basis, including alternative investment funds, authorised unit trusts and offshore funds. Liontrust will also offer the Global Equity Investment Processes to the institutional market via segregated accounts, pooled institutional funds and managed accounts.
It is proposed that a new group entity, Liontrust Global Investment Services Limited ("LGIS"), will be established for Mr Hollyman and the team he will head at Liontrust, based on the structure that was successfully put in place for our European team in 2006.
Although the arrangements relating to LGIS have been agreed in principle, they remain subject to contract. Whether or not they are implemented will be subject to a number of factors, including any necessary regulatory and/or legal approvals as well as approval by Liontrust's shareholders. Accordingly, a further announcement will be made in due course.
For further information please contact:
Liontrust Asset Management 020 7412 1700
Nigel Legge www.liontrust.co.uk
Vinay Abrol
Simon Hildrey
Altium 020 7484 4040
Ben Thorne
Sam Fuller
Related Shares:
Liontrust Asset Management