Liontrust appoints replacement managers for Lang's offshore funds

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Liontrust Asset Management has announced a quartet of in-house managers will take over the management of two Guernsey-based funds run by Jeremy Lang.

Lang and William Pattison will leave the company next month, about nine months ahead of schedule. The duo's resignation announcement in January led to considerable outflows at the firm with net resignations in Liontrust's unit trust and offshore funds totaling £223m from 1 January to 23 March 2009. Gary West and James Inglis-Jones will manage the Liontrust Dynamic Income fund and Anthony Cross and Julian Fosh will manage the Liontrust First Equity fund from 25 March 2009. West and Inglis-Jones will use the Cashflow Solution, a UK Income Dynamic investment process to manage the Dynamic I...

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