Liontrust

Martin Gilbert’s River Global has urged shareholders to approve its departure from the AIM market so it can become a private company, as part of plans to wind up the business once it has sold its last major asset, a 30% stake in the investment platform Parmenion. The company has been a 'cash s

River UK Micro Cap (RMMC) has reappointed Liontrust Investment Partners as the company’s investment manager. The company will be co-managed by UK equity fund managers Anthony Cross and Hugh Sergeant, who have more than 60 years’ experience between them.

Liontrust has agreed to acquire the fund management and model portfolio services (MPS) business of Hawksmoor Investment Management for up to £10m in cash. The deal comprises an initial cash payment of £6m on completion, plus two contingent cash payments of up to £2m each, payable 1

Jupiter Asset Management has hired Mayan Uthayakumar and George Ensor from rival fund group Liontrust. Mr Uthayakumar and Mr Ensor previously worked at Martin Gilbert's River Global before it was acquired recently by Liontrust. They are expected to start their new roles from January next year.

One of Scotland’s oldest trusts has said the future is positive despite seeing it's net asset value (NAV) fall by 8.2 per cent in the six months to the end of September. Edinburgh Investment Trust's 8.2% NAV decline puts it just a nose ahead compared to the 8.3% drop of the FTSE All-Share Inde