Liontrust to acquire GAM Holding AG - Seite 2

Enhances investment talent

• Adds experienced investment teams, including nine fund managers rated A to AAA by Citywire;
  
  
• By AuM, 75% of GAM’s funds were in the 1^st or 2^nd quartile of their respective sectors over 3 and 5 years to 31 March 2023
  
  
• Liontrust will provide an attractive home for the active fund managers at GAM: they will benefit from Liontrust’s focus on independent, distinct processes; strong risk and compliance culture and framework; delivery across sales and marketing; a strong brand; financial stability; and the support provided by the business processes and infrastructure;
  
  

Fund management services

• GAM has reached agreement in principle to transfer all third-party fund management services clients serviced out of Luxembourg and Switzerland to a specialist asset servicing company active across Europe, with further details to be announced by GAM in due course.
  
  

¹ Liontrust AuMA of £31,760 million as at 17 April 2023 (source: Liontrust). GAM’s Investment Management division AuMA of CHF 23,280 million (£20,914 million) as at 31 March 2023 (source: GAM)

² Be a responsible company and investors; Deliver market leading investment performance over the longer term; Diversify the fund range; Expand distribution and the client base; Enhance the investor experience; Attract and develop talent; and Develop the business infrastructure to help drive growth.

The Proposed Acquisition of GAM will accelerate Liontrust’s strategic progress and growth through the broader investment capability and global distribution of the enlarged company.

GAM’s investment teams have delivered strong performance over the long term across asset classes, and nine fund managers are rated A to AAA by Citywire. By AuMA, 75% of GAM’s funds were in the 1^st or 2^nd quartile of their respective sectors over 3 and 5 years to 31 March 2023. Over three years, 46% of GAM funds were in the 1^st quartile and over five years it was 45%. Over three years, 37% of GAM funds were in the top decile and 40% were in the top decile over five years (Source: GAM).

Liontrust will provide an environment to enable the investment teams to focus on managing their portfolios without distractions within a strong risk and compliance framework and with the support of the rest of the business to deliver performance and a growth in assets.

The broad range of funds and asset classes will enhance Liontrust’s product range. The expanded range will offer the potential to grow the combined client base and provides Liontrust with differentiated performance across the fund range through the market cycle.