You are here

Prices & Quotes - UK Markets - Liontrust Asset Management (LIO)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 1,600.00p
Change Today:
26.00p
Market Cap:
976.94m
Sector:
Financial Services

Liontrust Asset Management gobbles up Alliance Trust Investments

By Josh White

Date: Thursday 15 Dec 2016

LONDON (ShareCast) - (ShareCast News) - Specialist independent fund management group Liontrust Asset Management announced on Thursday that it has entered into a conditional share purchase agreement with Alliance Trust to purchase the entire issued share capital of Alliance Trust Investments for a total consideration of up to 30m.
The London-listed company said the proposed acquisition included the fund management team at ATI headed by Peter Michaelis, which it said has vast experience of and a long-term pedigree in sustainable investment.

On completion of the proposed acquisition, the ATI Investment Team will continue to manage the sub-funds of the Alliance Trust Sustainable Future ICVC, the sub-fund of the Alliance Trust Investment Funds ICVC, the SF Pan-European Equity, and one institutional segregated account.

The acquisition of ATI is expected to increase Liontrust's assets under management by approximately 2.3bn to more than 8bn, its board confirmed.

"This is a highly complementary acquisition that enhances Liontrust's fund management capability and remains true to the company's ethos of developing highly skilled teams with excellent investment processes to satisfy client demand," Liontrust's board said in a statement.

"ATI provides Liontrust with a distinct approach to investing in equities and fixed income and an experienced and highly respected fund management team."

The board pointed out that over five years, ATI's nine equity and fixed income funds were in the first or second quartile of their respective sectors.

"The acquisition broadens distribution opportunities and will expand Liontrust's client base further in both the UK and internationally by adding a team focused on sustainable investment through active management."

The Consideration will be satisfied by 17m of new ordinary shares of 1p each in the capital of the company, up to 3m in cash, dependent on the future level of assets under management managed by the ATI investment team, and up to 10m for the net asset value of ATI.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

LIO Market Data

Currency UK Pounds
Price 1,600.00p
Change Today 26.00p
52 Week High 1,618.00p
52 Week Low 1,175.00p
Volume 21,975
Shares Issued 61.06m
Market Cap 976.94m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LIO Dividends

  Latest Previous
  1st Interim 2nd Interim
Ex-Div 03-Dec-20 16-Jul-20
Paid 08-Jan-21 21-Aug-20
Amount 11.00p 24.00p

Trades for 22-Jun-2021

Time Volume / Share Price
14:00 13 @ 1,600.00p
14:00 54 @ 1,600.00p
14:00 65 @ 1,600.00p
14:00 36 @ 1,600.00p
14:00 8 @ 1,600.00p

LIO Key Personnel

CEO John Stephen Ions