Liontrust to Launch Fund With Possible Ag Focus

Liontrust to Launch Fund With Possible Ag Focus

By Sarah Day Levesque

 

UK-based Liontrust Asset Management is set to launch the Global Strategic Equity fund at the end of this month. The fund, which will be based in Dublin and is still awaiting appropriate regulatory approvals, arose after the company started to see growing client demand for alternative and international investments.

 

“We are seeing significant demand for alternative investments from clients, particularly internationally, which is partly being driven by the current valuations of equity and bond markets,”Liontrust chief executive officer Jon Ions said in the company’s April 22 trading statement.

 

To help address this new demand Liontrust has three new members to their fund management team, Kristof Bulkai, Patrick Cadell and Hugo Rogers. The three are currently equity managers at BMO Global Asset Management (formerly F&C Asset Management and Thames River Capital LLP) and bring experience managing water and agriculture funds to the new Global Strategic Equity fund.

 

Despite an increase in outflows over the last quarter, the management group also reported an increase in net inflows, up from the previous period to £667 million for the year, leading assets under management to an increase of 24% to £4.5bn.