Liontrust Assessment of Value Report - Flipbook - Page 95
Cashflow Solution team
James Inglis-Jones and Samantha Gleave manage the
Liontrust Cashflow Solution Funds, having first worked
together in 1998. James has previously managed money
at Fleming Investment Management, JP Morgan Fleming
and Polar Capital while Samantha formerly worked at
Sutherlands Limited, Fleming Investment Management,
Credit Suisse First Boston and Bank of America Merrill
Lynch. Samantha was in a No 1 ranked equity research
sector team (Extel & Institutional Investor Surveys) at Credit
Suisse and won awards for Top Stock Pick and Earnings
Estimates at Bank of America Merrill Lynch.
Investment process
The process is based on the belief that the most important
determinant of shareholder returns is company cash flows.
The fund managers invest in companies that generate
significantly more cash than they need to sustain their
planned growth yet are lowly valued by investors on that
measure and are run by managers committed to an intelligent
use of capital. They sell short stocks that are expensive, are
struggling to generate any cash and are run by management
investing heavily for future growth.
Funds
• Liontrust European Growth Fund
Liontrust Assessment of Value Report - 95