Liontrust share price unresponsive to Artemis merger approach speculation
Liontrust’s shares have remained broadly flat at the start of trading following speculation surrounding a potential takeover of rival Artemis.
Source: investmentweek.co.uk
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Liontrust seeks new chairman after GAM takeover fiasco
Liontrust has appointed headhunters to seek a successor to Alastair Barbour, whose 13-year tenure on its board has divided colleagues and investors, Sky News learns.
Source: sky.com
William Hill's bet on AI takes bite out of profits
With tighter regulations also taking their toll in the UK, gambling giant 888 expects its annual profit to come in towards the lower end of the £340m and £397m range pencilled in by analysts.
Source: thisismoney.co.uk
Liontrust raids GAM for team heads as outflows persist
Liontrust has poached from GAM’s distribution and investment arms to bolster its senior staff, while outflows continue to outweigh positive market movements.
Source: investmentweek.co.uk
City fund managers bleed assets in last quarter of 2023
Three of the City's largest asset managers all saw outflows in the final quarter of 2023 – but were buoyed by strong market performance.
Source: cityam.com