Liontrust Asset Management (LIO)

Sector:

Financials

Index:

FTSE Small Cap

665.00p
   
  • Change Today:
      21.00p
  • 52 Week High: 855.00p
  • 52 Week Low: 523.50p
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 167,081
  • Market Cap: £431.82m
  • RiskGrade: 183

Liontrust Asset Management confirms GAM approach

By Iain Gilbert

Date: Tuesday 18 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Specialist fund manager Liontrust Asset Management confirmed on Tuesday that it was in discussions regarding a proposed acquisition of Zurich-based asset manager GAM.
Liontrust said the proposed acquisition would see it combine GAM's investment management business with its own.

"Liontrust confirms it has made an approach to the board of GAM. There can be no certainty that this will lead to a formal offer in respect of the proposed acquisition, nor as to the timing or terms of any such offer and there can be no assurance that, even if agreement is reached, any such proposed acquisition would be completed," said the firm.

Liontrust stated a further announcement would be made "as and when appropriate".

As of 1600 BST, Liontrust shares were down 2.57% at 937.80p.





Reporting by Iain Gilbert at Sharecast.com

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LIO Market Data

Currency UK Pounds
Share Price 665.00p
Change Today 21.00p
% Change 3.26 %
52 Week High 855.00p
52 Week Low 523.50p
Volume 167,081
Shares Issued 64.94m
Market Cap £431.82m
RiskGrade 183

LIO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average
35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average
Price Trend
11.97% above the market average11.97% above the market average11.97% above the market average11.97% above the market average11.97% above the market average
3.45% above the sector average3.45% above the sector average3.45% above the sector average3.45% above the sector average3.45% above the sector average
Income
65.53% above the market average65.53% above the market average65.53% above the market average65.53% above the market average65.53% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Growth
4.69% below the market average4.69% below the market average4.69% below the market average4.69% below the market average4.69% below the market average
2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 2
Sell 0
Strong Sell 1
Total 7
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
  2nd Interim 1st Interim
Ex-Div 04-Jul-24 23-Nov-23
Paid 09-Aug-24 05-Jan-24
Amount 50.00p 22.00p

Trades for 18-Jul-2024

Time Volume / Share Price
16:35 50,306 @ 665.00p
16:35 11 @ 665.00p
16:35 25 @ 665.00p
16:35 325 @ 665.00p
16:35 508 @ 665.00p

LIO Key Personnel

CEO John Stephen Ions

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