Liontrust 'in discussions' to buy asset manager GAM

Potential merger between two asset managers

clock • 1 min read

Liontrust Asset Management is currently “in discussions” with GAM over a potential acquisition.

Following press speculation today (18 April), Liontrust released a regulatory filing confirming it is in contact with the Swiss asset manager over the proposed acquisition of its entire share capital. Liontrust's intention would be to combine GAM's investment management business with its own, the company added. "Liontrust confirms it has made an approach to the board of GAM," it said. "There can be no certainty that this will lead to a formal offer in respect of the proposed acquisition, nor as to the timing or terms of any such offer and there can be no assurance that, even if agr...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

"It's very important that we don't just allow companies to compete against each other," says Sacha Sadan.

FCA: 'Too early' for rules over sustainable board members

The regulator's head of ESG speaks out at a conference

Sian Barnett Wike
clock 26 May 2023 • 2 min read
Gilt yields near Mini Budget highs after hotter-than-expected UK inflation

Gilt yields near Mini Budget highs after hotter-than-expected UK inflation

Two year gilt yields have risen to 4.48%, the highest level since last September’s peak

Valeria Martinez
clock 26 May 2023 • 2 min read
Paul Ilott (pictured), managing director of Scopic Research

How to consider volatility parameters in multi-asset funds

Key questions for advisers to consider around investment decisions

Paul Ilott
clock 26 May 2023 • 4 min read