Liontrust and Ashmore feel the squeeze as volatility rocks London’s asset managers November 3, 2023 London’s asset managers have been rocked by a “complete lack of investor confidence” over the summer as soaring inflation and market turmoil chokes off the flow of cash into firms like Liontrust and Ashmore, analysts have said.
Liontrust braced for rebellion as bosses face shareholders after GAM debacle September 19, 2023 Fund manager Liontrust is braced for a potential revolt over the paypacket of its bosses this week as it faces a fractious meeting with shareholders following its collapsed takeover of GAM.
Rebel GAM shareholders cough up £18m and push through boardroom clearout after Liontrust deal implodes August 29, 2023 The rebel investor group that disrupted Liontrust’s takeover of GAM has agreed to cough up CHF 20m (£17.9m) and push through a total boardroom shake-up today.
Explainer: Why did Liontrust’s bid for ailing Swiss fund manager GAM collapse? August 24, 2023 Liontrust’s concession of defeat this morning brought to a close a hostile takeover spat. What went wrong?
U-turn? GAM enters financing talks with Xavier Niel-backed group after failed Liontrust takeover August 24, 2023 Ailing fund manager GAM has turned to a rebel group of shareholders for emergency funding today despite previously rebuffing the offer and favouring a takeover swoop from London-listed Liontrust.
Liontrust shares surge as dramatic GAM takeover pursuit fails August 24, 2023 Liontrust's lengthy and dramatic pursuit of ailing Swiss fund manager GAM appears to have come to an unsuccessful end.
Liontrust chief accused of tactics ‘bordering illegality’ in GAM takeover spat August 23, 2023 A rebel group of shareholders trying to block the takeover of asset manager GAM have dramatically accused Liontrust boss John Ions of tactics “bordering illegality”.
Liontrust gets green light from FCA for GAM takeover as battle with shareholders heats up August 8, 2023 Liontrust has secured the approval of the City watchdog for its proposed takeover of the ailing Swiss fund manager GAM Holdings. Liontrust described the approval as a “major step forward” in the team as it enables the fund manager to take control of GAM’s UK regulated entities. The green light from the Financial Conduct Authority [...]
Liontrust stretches GAM deadline as spat with Xavier Niel-backed group rages on July 28, 2023 Lonon-listed fund manager Liontrust has stretched the deadline for its potential £96m takeover of Swiss rival GAM today amid a spat with a group of rebel shareholders.
GAM takeover: Rebel shareholders urge regulator to block ‘deceptive’ claims as Liontrust spat erupts July 25, 2023 A group of rebel GAM shareholders trying to block the firm’s takeover by Liontrust has called on Swiss regulators to step in and prevent “deceptive” and “misleading information” being spread about its own offer.