Liontrust Asset Management : Full Year Results for Year Ended 31 March 2023
LEI: 549300XVXU6S7PLCL855 For immediate release 21 June 2023 LIONTRUST ASSET MANAGEMENT PLC ... | June 21, 2023
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LEI: 549300XVXU6S7PLCL855 For immediate release 21 June 2023 LIONTRUST ASSET MANAGEMENT PLC ... | June 21, 2023
Liontrust Asset Management posted lower full-year profits but the dividend payout was steady even as the firm looked to expand.
Swiss fund manager GAM has urged investors to back its takeover by Liontrust after a group of shareholders last week launched a rebellion against the deal.
John Ions is keeping a cool head in the takeover play for GAM. The head of Liontrust hopes to convince those investors resisting his takeover bid. He assures finews.com he is not aiming to downsize the Swiss asset manager but is seeking growth.
Liontrust Asset Management will acquire Zurich-based GAM to create a nearly $100 billion (£53bn) entity.