Liontrust raids GAM for team heads as outflows persist

Net AUMA decline

James Baxter-Derrington
clock • 2 min read

Liontrust has poached from GAM’s distribution and investment arms to bolster its senior staff, while outflows continue to outweigh positive market movements.

Writing alongside this morning's trading statement, Liontrust CEO John Ions praised the "strong track record" of Mark Hawtin, who joins from GAM as the firm's new head of global growth equities. Hawtin brings 37 years' investment experience, most recently as investment director and leader of GAM's global growth equity team, which manages the GAM Star Disruptive Growth and Star Alpha Technology funds. He departs the Swiss firm after 16 years, having joined from Marshall Wace Asset Management in 2008. GAM hires Newton IM's Markham as head of global growth equities Hawtin heads to Lio...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Ninety One takes charge of £17.4bn Sanlam IM mandate

Ninety One takes charge of £17.4bn Sanlam IM mandate

Agreement for 15-year partnership

Linus Uhlig
clock 20 November 2024 • 2 min read
Baillie Gifford withdraws from Climate Action 100+ and Net Zero Asset Managers initiative

Baillie Gifford withdraws from Climate Action 100+ and Net Zero Asset Managers initiative

'Distracting from our core responsibilities'

Sorin-Andrei Dojan
clock 18 November 2024 • 1 min read
Legal & General to cut jobs in revamped asset management arm

Legal & General to cut jobs in revamped asset management arm

Part of restructuring

Linus Uhlig
clock 18 November 2024 • 1 min read
Trustpilot