Liontrust has completed its acquisition of the Architas UK Investment Business from French insurance house Axa, to create an enlarged multi-asset boutique.
The deal, announced on July 1, will see the Liontrust brand assume all the target risk portfolios and risk profiled, income generating, and specialist funds managed by the newly bolstered multi-asset team. John Ions, chief executive of Liontrust, said the deal was an "important strategic acquisition" for the London-based asset manager, which was founded in 1995. The deal was reported to have cost the Strand-based investment house up to £75m. Ions added that the deal, which sees Liontrust take on Architas Multi-Manager and Architas Advisory Services, would help strengthen its reach to ...
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