Liontrust raids GAM for team heads as outflows persist
Mark Hawtin (pictured) joins Liontrust
Writing alongside this morning's trading statement, Liontrust CEO John Ions praised the «strong track record» of Mark Hawtin, who joins from GAM as the firm's new head of global growth equities.
Hawtin brings 37 years' investment experience, most recently as investment director and leader of GAM's global growth equity team, which manages the GAM Star Disruptive Growth and Star Alpha Technology funds.
He departs the Swiss firm after 16 years, having joined from Marshall Wace Asset Management in 2008.
GAM hires Newton IM's Markham as head of global growth equities Hawtin heads to Liontrust
Hawtin also brings his investment team, with David Goodman, Kevin Kruczynski and Pieran Maru all joining alongside the manager in May.
Jeremy Roberts also joins Liontrust, having resigned from GAM last October, due to arrive at the firm as its head of global distribution (ex UK) from April.
Roberts brings more than 20 years' experience to the firm, including a 12-year spell at BlackRock, during which he held a range of roles, latterly as co-head of EMEA retail sales and head of UK retail. Prior to this, he worked at Merrill Lynch Investment Managers and Mercury Asset Management.
Of his appointment, Ions said: «Jeremy has successfully built global distribution and will be responsible for expanding our client relationships and partnerships in Continental Europe and South America.»
Over the three months to 31 December 2023, Liontrust continued to suffer outflows from across its business, losing £1.7bn to redemptions during the period.
UK retail funds and MPS saw the heaviest departures, losing £1.4bn to outflows, although this was tempered by positive market movements and strong performance adding
Read more on investmentweek.co.uk
