Several senior back office compliance and governance staff at Architas look set to depart the firm ahead of the UK business’s acquisition by Liontrust Asset Management, with some jobs at “risk of redundancy” as the firm ends regulated activity in the country.
The firm's heads of compliance, COO business management and investment governance were among those who have taken to LinkedIn over the past week to announce they would be looking for new career opportunities ahead of Architas' £75m sale by parent company Axa, announced earlier this month. Liontrust's acquisition of Architas is set to create a multi-asset multi-manager business with £6.6bn in assets under management and advice, led by Liontrust's John Husselbee with Architas' Sheldon Macdonald named deputy head of multi-asset. It was announced at the time that Architas' UK distribution...
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