Liontrust Responsible Capitalism Report 2024 - Flipbook - Page 120
LIONTRUST BACKGROUND INFORMATION
Liontrust is an independent asset manager – independent in that it
is owned by its shareholders and not by other businesses. In 1999,
Liontrust listed on the London Stock Exchange.
At the end of December 2023, the Group’s seven investment
teams had a total of £27.8 billion of assets under management
and advice (AuMA) for clients around the world.
LIONTRUST’S HISTORY
From its launch of Liontrust in 1995, Liontrust has never had a
Chief Investment Officer (CIO), has always focused on those
areas of investment where it has expertise and has provided
investment teams with the freedom to manage their funds and
portfolios according to their own investment processes. Each
team must have robust and scalable investment processes which
help to create in-built risk controls. For the first 11 years of its
existence, Liontrust only offered funds and mandates that invested
in UK equities. This changed with the formation of the Cashflow
Solution team in 2006 and the subsequent launch of European
equity funds.
Since John Ions became Chief Executive in 2010, Liontrust has
grown significantly, with the pace accelerating after the acquisition
of the Sustainable Investment team from Alliance Trust Investments
in 2017. The different acquisitions over the years have enabled
Liontrust to broaden and diversify both its investment capability
and distribution.
LIONTRUST’S TIMELINE
1990s
2000s
1994 Founding and incorporation of Liontrust
2004 Bernard Asher is appointed Chair
1995 Liontrust launches with Vinay Abrol as the
first employee
2006 Cashflow Solution team forms and launches
European Growth (now Dynamic) Fund
1996 Ellen Windsor is appointed Chair
1997 Anthony Cross joins Liontrust from Schroders
1998 UK Smaller Companies Fund launches
1998 Liontrust’s Economic Advantage team began
incorporating the analysis of corporate
governance issues of the stocks in which it
invested into its investment process.
1999 Liontrust lists on the London Stock Exchange
as Liontrust Asset Management PLC
KEY
Eg 1998 = Liontrust’s general history
Eg 1998 = Liontrust’s ESG history
120 - Responsible Capitalism Report 2023