Liontrust Asset Management has created its eighth investment team alongside reshuffling management of €732 million in funds, as the manager reached €586 in net outflows in the second quarter of 2022. The new, Global Innovation Team has been created for Neptune Investment fund managers, a company acquired by Liontrust in 2019. It will manage Liontrust’s €401 million Global Dividend and €247 million Global Innovation funds.

Liontrust Asset Management has created its eighth investment team alongside reshuffling management of €732 million in funds, as the manager reached €586 in net outflows in the second quarter of 2022.

The fund will be managed by James Dowey and Storm Uru, and supported by Clare Pleydell-Bouverie, who all joined Liontrust as a part of its €47 million acquisition of Neptune Investment Management in 2019.

Liontrust has also moved its €412 million Income and €320 million US Opportunities funds to the Global Fundamental team from the Global Equity team.

Source: https://www.funds-europe.com/news/liontrust-creates-new-team-reshuffles-funds-as-outflows-hit-586m