Liontrust strengthens distribution team
Liontrust is expanding its sales team to broaden further its distribution across the wholesale and retail markets in the UK. The recruitment of two regional salesmen is part of the next stage of Liontrust’s growth strategy after the company’s assets under management (AuM) reached £9.1bn billion on 3 April 2017 and Liontrust recorded the 10th largest total net sales of all asset managers in the first quarter of 2017 according to the Pridham Report.
Andrew Taylor is joining Liontrust from Neptune Investment Management to cover sales for the North of England and Scotland and Mark Wright is moving from Jupiter Asset Management to cover the Midlands. Both will both report to Ian Chimes, who is head of Global Distribution.
Following the addition of Taylor and Wright in the next few months, Liontrust will have an 18-strong sales team in the UK and Europe, covering the institutional, single strategy and multi-asset distribution markets.
Ian Chimes said: “We have high quality fund management and distribution teams at Liontrust. This is clearly shown by the brand profile of Liontrust and the fact we have funds on such a large number of discretionary and advisory buy lists.
“Taylor and Wright will enable us to expand still further our distribution reach and levels of client service in the North of England, Scotland and the Midlands.”