4 minutes
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
2 minutes
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.
2 minutes
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
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