Walker Crips

Steve Bailey and Jan Luthman have added European food giant Nestlé to the £242m Liontrust Macro Equity Income fund as part of a wider play on consumer staples.

Ashcourt Rowan subsidiary Savoy Investment Management has transferred six investment management staff to Walker Crips.

Liontrust has rebranded the three funds it brought from Walker Crips, run by Steve Bailey and Jan Luthman.

Investors ask whether falling Chinese housing starts could trigger end of commodity super-cycle.

Liontrust Asset Management has made Ian Furtado, the former head of sales at EM boutique Occam, redundant, Investment Week understands.

Liontrust Asset Management is to acquire Walker Crips Asset Managers (WCAM) in a £12m deal.

Walker Crips managers Jan Luthman and Steve Bailey have increased their exposure to companies operating in emerging markets in anticipation of further falls in sterling.

INCOME

Walker Crips Stockbrokers has hired ex-BNP Paribas wealth management chief Mark Rushton as its chief investment officer.

The Walker Crips Group has seen its shares fall almost 15% after it issued a profits warning following a drop in AUM.