Liontrust Asset Management PLC New Fixed Income team (6704N)
August 11 2017 - 2:00AM
UK Regulatory
TIDMLIO
RNS Number : 6704N
Liontrust Asset Management PLC
11 August 2017
Embargoed until 7 am on 11 August 2017
Stock Exchange Announcement
LIONTRUST ASSET MANAGEMENT PLC
New Fixed Income Team
Liontrust Asset Management Plc ("Liontrust" or the "Group"), the
specialist independent fund management group, announces that David
Roberts and Phil Milburn are to join Liontrust in early 2018. David
is Head of the Fixed Income team at Kames Capital and Phil is Head
of Investment Strategy of the team, which has a long and successful
track record of managing fixed income funds. Following their
appointment, Liontrust is to launch a Strategic Bond Fund, High
Yield Bond Fund and Absolute Return Bond Fund, subject to
appropriate regulatory approvals.
Commenting, John Ions, Chief Executive, said:
"David Roberts and Phil Milburn will be an excellent addition to
our existing seven fund management teams and we look forward to
promoting them to our client base in the UK and Continental Europe.
David and Phil are experienced fund managers, with a strong
long-term track record of performance across a range of fixed
income funds.
"David and Phil's investment style means their funds provide
diversification away from many of the other popular fixed income
funds. Another attraction for us is the fact that David and Phil
have a strong investor following, particularly among intermediary
clients in the UK.
"The recruitment of David and Phil will not only expand our fund
management capability but also strengthen further our fixed income
proposition. Their investment style complements our Sustainable
Fixed Income team of Stuart Steven, Kenny Watson and Aitken
Ross."
David and Phil are joining Liontrust because of the culture of
the Company. They will be able to focus on managing money and not
get distracted by running a large team and other administrative
responsibilities fund managers may have at a large business. Other
attractions for David and Phil include the growth of Liontrust over
the past few years, the strength of our distribution capability and
our brand profile.
For further information please contact:
Liontrust Asset Management Plc 020 7412 1700
John Ions www.liontrust.co.uk
Vinay Abrol
Simon Hildrey - Chief Marketing Officer
Numis Securities Limited 020 7260 1000
Corporate Broking & Advisory - Charles Farquhar, Andrew
Holloway
Macquarie Capital (Europe) Limited 020 3037 2000
Advisory - Jonny Allison, Kavita Choitram
Corporate Broking - Alex Reynolds, Nicholas Harland
Background on new fund managers
David Roberts
David Roberts is currently Head of Fixed Income at Kames Capital
and is responsible for managing the fixed income team. In addition,
he co-manages several funds including the Kames Strategic Bond
Fund. David joined Kames Capital in 2004 from Britannic Asset
Management where he was Head of Credit. He worked in the banking
sector for a decade before moving into asset management. David
studied Economics and Industrial Relations at the University of
Strathclyde and has an MSc in Investment Analysis from the
University of Stirling.
Phil Milburn
Phil Milburn is currently Head of Investment Strategy in the
Fixed Income team. He joined Kames Capital in 1997 from the
University of Edinburgh, where he earned a first class honours
degree in Economics. After spells in UK and Latin American
equities, Phil joined the Kames Capital fixed income team, where he
manages their strategic and high yield bond portfolios.
Forward Looking Statements
This announcement contains certain forward-looking statements
with respect to the financial condition, results of operations and
businesses and plans of the Group. These statements and forecasts
involve risk and uncertainty because they relate to events and
depend upon circumstances that have not yet occurred. There are a
number of factors that could cause actual results or developments
to differ materially from those expressed or implied by these
forward-looking statements and forecasts. As a result, the Group's
actual future financial condition, results of operations and
business and plans may differ materially from the plans, goals and
expectations expressed or implied by these forward-looking
statements. Liontrust undertakes no obligation publicly to update
or revise forward-looking statements, except as may be required by
applicable law and regulation (including the Listing Rules of the
Financial Conduct Authority). Nothing in this announcement should
be construed as a profit forecast or be relied upon as a guide to
future performance.
Other information
The release, publication, transmission or distribution of this
announcement in, into or from jurisdictions other than the United
Kingdom may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published,
transmitted or distributed should inform themselves about and
observe such restrictions. Any failure to comply with the
restrictions may constitute a violation of the securities laws of
any such jurisdiction.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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