Liontrust has added James Klempster to its multi-asset investment team and removed VAT from its managed portfolio range.
Klempster joins Liontrust's multi-asset team from Momentum Global Investment Management (MGIM) and will report to John Husselbee. He will co-manage the firm's 26 managed portfolios and white label service for IFAs alongside Husselbee, as well as the Verbatim funds, which are run by Liontrust for SimplyBiz. The strengthening of Liontrust's multi-asset proposition comes following its acquisition of Architas's UK investment business, which broadened its fund range. In addition to the hire, Liontrust said it would remove VAT from its managed portfolios, immediately reducing advisers' cost...
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